Natura Reports Strong Q2 Growth in All Brands – Revenue Up 13.6% to R$3.100 million
Sao Paolo, Brazil-based Natura & Co, the Brazilian beauty and cosmetics giant, recently reported results from the Q2 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 up 55.2 percent.
We are very pleased with the second quarter results’ said Roberto Marques, Natura & Cos chairman of the board.”
Natura continues to revitalize its business model through its revamped relationship selling approach, digitization and growing multichannel presence. The Body Shops ongoing transformation plan is delivering encouraging initial returns and Aesop continues its stellar growth trajectory. Natura & Co is well positioned to deliver further growth, reach its medium-term and long-term ambitions, with continuous advances in sustainable business practices.’
Naturas growth was despite a truckers strike impact, with both Brazil and Latin America showing great momentum. Natura continued to gain market share in core categories in Brazil and show productivity gains, positively advancing the companys new Relationship Sales model and digitization of its channel.
Natura & Co began to implement The Body Shops transformation plan this quarter with initiatives including organization redesign, store footprint optimization and measures to improve operational efficiency. Over the first half of the year the company has seen significant improvements in sales, adjusted EBITDA and adjusted EBITDA margin, excluding transformation costs booked in Q2, in line with expectations.
Aesop again delivered another remarkable quarter with high double-digit growth in sales and EBITDA across all channels and geographies. The steady performance was driven by strong like-for-like sales in signature stores and by the addition of 25 new stores in the past 12 months.
To read the full Natura Q2 financial report, click here.
About Natura Cosmetics
Natura Cosmeticos SA, is Brazil’s largest company in the personal care industry, perfumery and cosmetics and also in the segment of direct sales. With our headquarters in Cajamar (SP), we have strong presence in Latin America with operations in Argentina, Chile, Mexico, Peru, Colombia and France. Through distributors, our products also come to Bolivia. The structure is completed with eight distribution centers in Brazil and six in international operations that handle about 62,300 requests for NCs per day.
Get more information, facts and figures about Natura & Co, click here for the Natura & Co overview.