** Shares in German sportswear maker Puma PUMG.DE seen down 8% in pre-market indications after it gave 2025 outlook below market expectations

** Both J.P.Morgan and a local trader say the adj. EBIT outlook of 520 mln-600 mln euros ($566.6 mln-$653.8 mln) falls 20% short of expectations

** The company also gave what the trader describes as a "shockingly weak" Q1 view

** JPM and the trader underline that the view does not align with Puma's positive comments in January

($1 = 0.9177 euros)

(Reporting by Anna Pruchnicka)

((anna.pruchnicka@tr.com))