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Natura &Co Holding S.A. - $NTCO STOCK NEWS

Welcome to our dedicated page for Natura &Co Holding S.A. news (Ticker: $NTCO), a resource for investors and traders seeking the latest updates and insights on Natura &Co Holding S.A. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Natura &Co Holding S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Natura &Co Holding S.A.'s position in the market.

News
Another quarter of improved margins driving turnaround on profitability at Natura &Co
Rhea-AI Summary
Natura &Co's 2023 financial results show positive net cash of BRL 1.7 billion and net income of BRL 3.0 billion, with BRL 979 million to be distributed as dividends. The company focused on profitability, cash conversion, and integration of Natura and Avon brands, resulting in a consolidated net revenue of BRL 26.7 billion. Improved gross margin, adjusted EBITDA, and net income reflect the successful execution of the financial and operational strategy, despite challenges like hyperinflation in Argentina. The company also achieved a strong net cash position and debt reduction, marking a significant milestone in its corporate strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.87%
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none
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News
Natura &Co to explore possible separation of Natura &Co Latam and Avon into two independent listed companies
Rhea-AI Summary
Natura &Co announces the potential separation of Natura &Co Latam and Avon to create two independent, publicly traded beauty companies, each with unique business plans, independent governance, and management teams. The aim is to unlock the full potential of both companies, providing increased autonomy to their business units and offering shareholders greater visibility into their financial performance, growth prospects, and investment theses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.48%
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none
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News
Natura &Co announces intention to end secondary listing on NYSE
Rhea-AI Summary
Natura &Co (NYSE: NTCO) has announced the delisting of its American Depositary Shares (ADSs) on the New York Stock Exchange (NYSE) while maintaining its primary listing on the B3 stock exchange in São Paulo. The company's decision is part of its long-term strategy to simplify operations, as the majority of its trading activity is concentrated on the B3 stock exchange. The delisting is expected to be effective 10 days after filing with the SEC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.95%
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none
News
Leadership transition in Avon International
Rhea-AI Summary
Natura &Co (NYSE – NTCO; B3 – NTCO3) announces Kristof Neirynck as the new CEO of Avon, succeeding Angela Cretu who will continue to support the business as an advisor. Avon underwent a successful turnaround strategy under Angela's leadership, transitioning from traditional direct selling to social selling with an omnichannel approach. Kristof Neirynck, a visionary leader, has a proven track record in business turnarounds and brand relaunches, with significant improvements in gross margin and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
management
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News
Natura &Co to sell The Body Shop to Aurelius
Rhea-AI Summary
Natura &Co (NYSE: NTCO; B3: NTCO3) has agreed to sell The Body Shop to Aurelius for an enterprise value of GBP 207 million, with an earn-out of GBP 90 million. The transaction is expected to close by December 31, 2023. Natura &Co aims to refocus on strategic priorities, including integrating Natura and Avon brands in Latin America, while Aurelius plans to enhance The Body Shop's transformation journey. The sale allows Natura &Co to unlock significant value and concentrate on core relationship selling expertise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.8%
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none
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News
Natura &Co: Consistent adjusted EBITDA margin improvement alongside strengthened balance sheet in Q3
Rhea-AI Summary
Natura &Co (NYSE: NTCO; B3: NTCO3) reported positive Q3 results, posting R$7.5 billion in net revenue with stable growth in Brazil and Latin America. The company's gross margin grew by 310 bps, and adjusted EBITDA margin was up 190 bps. Natura &Co returned to a positive net cash position due to the Aesop sale proceeds, prepaying over half of its debt. The integration of Natura and Avon in Brazil's Wave 2 showed encouraging early results, contributing to combined YoY revenue growth in the CFT category.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.8%
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none
News
Natura &Co closes sale of Aesop
Rhea-AI Summary
Natura &Co completes sale of Aesop to L'Oréal for $2.58 billion, strengthening balance sheet
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.03%
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none
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News
Natura &Co posts another quarter of constant currency sales growth and adjusted EBITDA improvement in Q2
Rhea-AI Summary
Natura &Co posted Q2 consolidated net revenue of R$ 7.8 billion, up 1.9% at constant currency (-4.1% in BRL). Gross margin was 65.4%, up 430 bps vs Q2-22, and adjusted EBITDA margin was 9.7%, up 230 bps vs the same period last year. Net income was R$ (732) million, slightly improving over last year's R$ (767) million. The Group ended the quarter with a solid cash position of R$ 3.7 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.06%
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none
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Natura &Co posts constant currency sales growth and profitability improvement in Q1
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.25%
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none
News
The Body Shop enters its next chapter
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.76%
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none
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Natura &Co Holding S.A.

OTC:NTCO

NTCO Rankings

N/A Ranked by Market Cap
#2921 Ranked by Stock Gains
N/A Ranked by Dividends

NTCO Stock Data

4.63B
876.27M
4.18%
0.11%
Toilet Preparation Manufacturing
Manufacturing
Link
BR
Sao Paulo

About NTCO

Natura & Co Holding SA is a Brazil-based cosmetics manufacturing company.