Posts Tagged ‘Aesop’
Natura &Co Revenue Up 7.2% in Q3 2019; Natura Up 8%
Natura &Co posted another strong performance in the third quarter of 2019, with revenue growth in all three of its brands: Natura, The Body Shop and Aesop. Natura &Co’s consolidated net revenue reached R$3.5 billion, up 7.2 percent on a reported basis and up 10.1 percent at constant currency. The Natura brand’s adjusted net revenue in Brazil was…
Read MoreBrazil’s Anti-Trust Authority Approves Natura’s Acquisition of Avon
CADE, Brazil’s anti-trust authority, has approved without restrictions the acquisition by Natura &Co of Avon Products, Inc. Approval by Brazil’s competition authorities is one of the key steps towards the completion of the transaction, which remains subject to the fulfillment of other conditions precedent, including antitrust approval in other applicable jurisdictions. Announced on May 22, 2019, the transaction will create…
Read MoreNatura &Co Takes Decisive Step in Fight Against Climate Change
Ahead of the UN Climate Action Summit in September, Natura &Co is stepping up its commitment to set a new level of climate ambition as part of “Business Ambition for 1.5°C: Our Only Future” campaign. As part of this commitment, Natura &Co, together with 21 other companies with a total market capitalization of over $1.7 trillion, will…
Read MoreNatura Acquiring Avon Products, Inc.
Natura &Co (B3: NATU3) announced late yesterday that it is acquiring Avon Products, Inc. (NYSE: AVP) in an all-share transaction. The deal, valued by Natura at around $3.7 billion, caps Avon’s strategic pivot to focus on foreign markets, where sales have been stronger in recent years. The company moved its corporate headquarters to London in 2016…
Read MoreNatura &Co Reports R$2.9 Billion in Net Revenues for Q1
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…
Read MoreNatura & Co Up 36% for Year
Natura & Co reported 2018 net revenues grew by 36 percent over the previous year to R$13.4 billion. Reported net income surged 48.7 percent in the fourth quarter to R$381.7 million, driven by higher EBITDA and lower financial expenses. This strong result came despite hyperinflationary accounting effects in Argentina and The Body Shop’s transformation costs. Natura & Co’s Executive…
Read MoreNatura Reports Strong Q2 Growth in All Brands
Sao Paolo, Brazil-based Natura & Co, the Brazilian beauty and cosmetics giant, recently reported results from the second quarter ended June 30, 2018. Revenue was up 13.6 percent to R$3.1 million from R$2.729 million in 2017. Revenue growth was up in every brand: Natura, up 9.8 percent; The Body Shop, up 14.8 percent; and Aesop…
Read MoreNatura Expanding Its Collaboration with Wirecard
Sao Paulo, Brazil-based direct seller Natura is expanding its collaboration with Wirecard, one of the fastest-growing digital platforms in the area of financial commerce, by adding the company’s new digital finance features to enhance consultant and customer experiences. Natura has been collaborating with Wirecard Brazil since 2014. Since that time, the cosmetics, perfumery and personal…
Read MoreNatura Reports Strong Revenue Increases during Transformational 2017
Photo: Amazon Rain Forest in Brazil Natura Cosmeticos, a Sao Paolo, Brazil-based multinational direct seller of cosmetics, personal care and beauty products, announced its financial results for the full-year 2017. The company reported a strong increase in consolidated net revenue, supported by growth in all businesses, that led to consolidated net revenue of R$9,852.7 million…
Read MoreNatura Builds Strategy, Focuses on Positive Social Impact
Brazilian beauty brand Natura, the ninth largest direct selling company in the world with 2016 net sales of $2.26 billion, has been busy in recent years. In the midst of leadership changes—long-time CEO Alessandro Carlucci retired in 2015 and subsequent CEO Roberto Lima resigned—the company has not only moved its business into the digital age,…
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