Financial News

Annual Sales Maintain at Puig

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By: TOM BRANNA

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In 2018, Puig reported $2.2 billion in net revenues, a figure very similar to the previous year, and a reported 5% increase on a like-for-like and constant currency and accounting rules basis. For the year, 14% of revenues were generated in Spain and 86% in other countries throughout the rest of the world. Emerging markets outside of North America and the European Union accounted for 41% of the company’s business. In Spain, retail sales of selective fragrances to end consumers increase more tha...

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