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July 31, 2017

World News

Natura Q2 Revenue Down 0.5% from 2016

Natura, the Sao Paulo, Brazil-based cosmetics giant, reported that consolidated gross revenue for the second quarter of 2017 amounted to $2,801.6 million Brazilian Real, down 0.5 percent from 2016.

In the first six months of 2017, the company’s consolidated gross revenue amounted to R$ 5,197.5 million, advancing 12 percent from the same period of the prior year, while net income was R$ 3,754.4 million, a 1.1 percent increase on the first half of 2016. EBITDA amounted to R$663.2 million, 18.1 percent higher than in Q2 2016, while net income reached R$352.5 million, growing R$330.7 million on the prior-year period.

In addition, in Q2 2017 the price of Natura stock gained 12.2 percent compared to the closing quote at end-2016, while the Bovespa Index increased 4.4 percent. Average daily trading volume in the quarter was R$47.1 million, compared to R$32.2 million in the prior-year period.

In January of this year, Natura exercised its purchase options to acquire all remaining common shares of Emeis Holdings Pty Ltd., giving it complete control of the Aesop skincare brand. Natura had previously acquired acquisition of 65 percent of Emeis in 2013. For Q2 2017, Aesop maintained its accelerated growth with gross revenue advancing on 30.6 percent, driven by same-store sales growth in the last 12 months of around 12 percent and by the opening of 33 new stores since Q2 2016 for a total of 188 signature stores in June 2017.

Last month, Natura finalized the contract for the purchase of The Body Shop from L’Oreal. The Body Shop has more than 3,000 stores in 66 countries.

Founded in São Paulo in 1969 by Luiz Seabra, Natura is one of Brazil’s most valuable brands. To see the full Q2 report, click here.