For FY24, Coty’s net revenues grew 10 percent on a reported and 11 percent on a LFL basis to 6.1 billion dollars. The company’s fourth quarter net revenues grew 1 percent on a reported basis and 5 percent on a LFL basis to 1.4 billion dollars. Coty’s adjusted EBITDA grew 12 percent to 1,091.1 million dollars with an adjusted EBITDA margin of...
21 Aug 2024
Coty’s third quarter net revenues grew 8 percent to 1,386 million dollars on a reported basis and 10 percent on a LFL basis supported by growth in fragrances, colour cosmetics, skin care and body care. These results trended above the company's guidance of 6 to 8 percent LFL for the second half of FY24. On a year-to-date basis, net revenues grew...
7 May 2024
Coty recorded net revenues of 1,641.4 million dollars, up 18 percent as reported and like-for-like driven by a 22 percent like-for-like increase in Prestige and a 10 percent like-for-like increase in consumer beauty. Given Coty's strong first quarter, the Company now expects FY24 like-for-like revenue growth of 9 to 11 percent, ahead of its...
10 Nov 2023