Natura &Co posted another strong performance in the first quarter of 2019, with growth in all three brands driving consolidated sales up 8.5 percent, reaching R$2.9 billion in net revenues.
Net income was up 72.8 percent to R$41.9 million. EBITDA rose by 5.6 percent to R$336.9 million, while adjusted EBITDA (excluding non-recurring effects) increased 3.7 percent to R$330.8 million, with strong efficiency gains at The Body Shop.
“Natura &Co posted another solid set of consolidated results in the first quarter of 2019, confirming the continuing momentum of the multi-brand, multi-channel, purpose-driven beauty Group we have constituted,” said Roberto Marques, Natura &Co’s executive chairman of the Board. “All three of our brands and businesses posted sales growth in Brazilian Reals in spite of challenging conditions in some key markets, notably Brazil, demonstrating the group’s resilience and the benefits of its geographic footprint.”
The Body Shop’s net revenue was up 10.2 percent in Brazilian Reals in Q1. Aesop delivered another quarter of solid double-digit growth both in sales and EBITDA. Revenue increased 34.2 percent in Reals and 16.3 percent at constant currency, supported by strong growth in all channels and geographies.
The group also continued to make a positive social and environmental impact. Natura was included in the Corporate Knight’s Global 100 list of the most sustainable corporations in the world for the tenth consecutive year. The Body Shop won Marie Claire’s Prix d’Excellence Beauty award for its Bio Bridges programme, boosted by the Christmas campaign, which helped protect a further 11 million square meters of natural habitats in Armenia and the UK. And Aesop reduced plastic consumption by 17 percent per unit by redesigning some of its bottles, which should contribute to saving 124 tons of virgin plastic over a year. These achievements confirm Natura &Co’s commitment to a better way of doing business, combining positive economic, social and environmental impact.