Company News, Financial News

Q1 Sees Gains for Coty

Fiscal 2018 is jumping off with gains in many segments.

Coty Inc. reported financial results for the first quarter of fiscal year 2018, ended Sept. 30, 2017. Net revenues increased >100% to $2.2 billion as reported compared to Legacy-Coty net revenues in the prior-year period and increased 5% for the combined company at constant currency. Excluding the positive contribution from the acquisitions of ghd and Younique, the combined company organic net revenues declined 2%, according to the company. In luxury, net revenues increased 70% to $764.4 m...

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