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.
Natura &Co Holding S.A. (NTCO) maintains this dedicated news hub for investors and stakeholders tracking developments in the global beauty sector. Our curated collection provides immediate access to official press releases, financial disclosures, and strategic announcements from the Brazil-based cosmetics leader.
This resource enables efficient monitoring of earnings results, product innovations, and operational initiatives across Natura &Co's integrated brand portfolio. Users gain insights into the company's direct selling model, retail expansions, and sustainability efforts through primary source documentation.
Key coverage areas include brand integration progress, market expansion updates, and leadership changes. All content is sourced directly from corporate communications to ensure reliability. Bookmark this page for streamlined access to NTCO's latest developments in cosmetics manufacturing and omnichannel distribution strategies.
Natura & Co's Q1 2024 financial results reveal a mixed performance. Consolidated net revenue hit BRL 6.1 billion, showing a 1.1% rise in constant currency but a 5.7% decline year-on-year in Brazilian Reais. Natura Latam excelled, with revenue growth of 3.1% YoY in CC, led by Natura Brazil's 11.3% increase. This was driven by strong retail sales and the launch of the 'Perfumada' fragrance campaign. However, Avon Latam reported declines of over 11% in Brazil and Hispanic Latam due to fewer representatives.
Avon International faced a 4.7% revenue drop in CC despite efforts to enhance gross margins and explore new distribution channels. Consolidated profitability improved thanks to a 90 bps increase in gross margin, reaching 65.2%. Adjusted EBITDA was BRL 683 million, with a margin expansion of 110 bps YoY.
However, the reported net loss widened to BRL 935 million, impacted by discontinued operations, higher taxes, and FX losses. Excluding one-offs, the underlying net income was BRL 116 million. CEO Fabio Barbosa highlighted the positive impact of the Natura-Avon integration but acknowledged ongoing challenges.
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