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Net income rose to $434.1 billion, up 71% compared to the previous year.
March 23, 2023
By: Lianna Albrizio
Associate Editor
Puig closed 2022 with record net revenues of $3.89 billion, representing an increase of 40% on 2021 (+30% at comparable perimeter and with constant exchange rates), boosted by the good performance of its own brands in a market that is growing thanks to the recovery of consumer spending. The company reached earnings before interest, taxes, depreciation and amortization (EBITDA) of $691.4 million, representing a 37% increase on 2021. Net income rose to $434.1 million, up 71% compared to...
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