Natura &Co (NTCO) reported impressive financial results for Q4 2020, with net revenue of R$12 billion, reflecting a 24.3% increase in BRL and 6.4% at constant currency. Adjusted EBITDA rose 12.3% to R$1.5 billion, and net income surged 200.7% to R$177.4 million. E-commerce sales grew 79%, with Aesop's digital sales up 190%. The company also achieved a net debt to EBITDA ratio of 0.97 after a US$1 billion capital raise. Natura &Co's commitment to sustainability was highlighted by becoming a certified B-Corp and significant emissions reductions.
Natura &Co (NTCO) reported a robust Q3, with consolidated sales reaching R$10.4 billion, up 31.7% in BRL and 11.6% at constant currency. The company strengthened its capital structure through a US$1 billion capital raise, enabling investments in growth and sustainability. Digital sales surged, with total e-commerce sales increasing by over 115% year-over-year. Key brands such as Natura and Aesop saw significant growth, contributing to an adjusted EBITDA of R$1,547.3 million.
Overall, the company's performance demonstrated resilience in a challenging environment.
Natura &Co (NTCO) announced the successful closing of its public follow-on offering, raising approximately R$5.6 billion (US$1 billion) by distributing 121.4 million common shares at R$46.25 each. This offering, the largest in Latin America for a consumer products business, boosts the company's international shareholder base and enhances liquidity for its ADSs. The proceeds will help optimize the capital structure, supporting strategic investments in the integration of Avon, digitalization, and geographic expansion. The transaction aims to accelerate growth over the next three years.
Natura &Co (NYSE: NTCO) has successfully priced a global offering of 121,400,000 common shares, raising approximately R$5.6 billion (US$1.0 billion) at R$46.25 per share. The offering consists of international shares and concurrent shares in Brazil, with expected closure on October 14, 2020. Proceeds will be used for growth initiatives, including Avon’s integration, digital business expansion, and debt reduction. This move aims to enhance sustainability and operational efficiency.
Natura &Co (NTCO) has initiated a global offering of around R$6,207.2 million (approximately US$1,106.3 million) at a share price of R$51.13. The offering includes both international shares and those in Brazil, with pricing expected on October 8, 2020. Proceeds will support investments in growth areas such as Avon integration, digital transformation, and sustainability initiatives, while also optimizing capital structure by reducing debt. The offering is registered with the SEC and is being underwritten by major financial institutions.
Natura & Co reported a robust Q2 performance, achieving R$7.0 billion in consolidated sales, down only 12.7% amid COVID-19. E-commerce sales surged by 225% year-over-year, with substantial growth across brands. The successful completion of a R$2 billion capital raise will fund R$400 million in digital initiatives. Despite challenges, Natura Brazil saw a 4.4% increase in sales. Avon experienced a significant decline of 35.2%, impacted by representative activity and a cyber incident. Overall, the company aims to enhance its digital transformation and sustainability efforts.