Digitally-enabled sales reach 52% of total; Avon synergies ahead of plan Natura & Co and brands make donations of R$3 million to help victims of war in Ukraine SÃO PAULO, March
Natura &Co reports sales growth of 26%, driven by strong digital sales, with EBITDA increasing over 400%
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Avon synergies raised in April to between US$350 million and US$450 million
SÃO PAULO, May 12, 2021 /PRNewswire/ Natura &Co (NYSE – NTCO; B3 – NTCO3) recorded another quarter of double-digit revenue growth in the first quarter, again outperforming the global Cosmetics, Fragrance, and Toiletries market thanks to a strong increase in digital sales, while EBITDA was up more than four-fold.
Consolidated net revenue in Q1 stood at R$9.5 billion, up 25.8% in Brazilian Reais and 8.1% at constant currency, driven by sales growth in BRL at all four of the Group s iconic brands. Reported EBITDA grew by 470.7% to R$829.1 million, with margin up 690 basis points to 8.8%, and adjusted EBITDA, which excludes transformation costs and Avon-related acquisition effects, rose 68.5% to R$963.2 million, with margin of 10.2%, up 260 basis points.