Company News, Financial News

Natura & Co Posts Q1 Consolidated Net Revenue of $1.6 Billion

Up 3.4% at constant currency.

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By: Lianna Albrizio

Associate Editor

Natura & Co posted Q1 consolidated net revenue of $1.6 billion, up 3.4% at constant currency, driven by solid constant currency growth at Natura &Co LATAM and Aesop.    Gross margin was 67.7%, up 370 bps versus Q1-22, and adjusted EBITDA margin was 10.5%, up 330 bps versus the same period last year, reflecting improving margins at Natura &Co Latam and Avon International and a 36% drop in holding expenses. Net income was $130.87 million, a sequential improvement versus the ...

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