Natura &Co Reports R$ 6 Billion in Q3 Revenue, Up 18.5%; EBITDA Grows Over 50%
Natura &Co reported strong Q3 2024 financial results with total revenue reaching R$ 6.0 billion, an 18.5% increase in constant currency. The growth was primarily driven by Natura Brazil (+19.4%) and Avon CFT (+14.4%). The company's Recurring EBITDA reached R$ 870 million, up 52% with a 14.6% margin.
Following Avon Products Inc.'s Chapter 11 filing, Natura &Co recorded a non-recurring, non-operating loss of R$ 7.0 billion due to deconsolidation, though this had no cash impact. The company ended Q3 with a net debt/recurring EBITDA ratio of 1.5x and R$ 3.5 billion in cash.
Natura &Co ha riportato forti risultati finanziari per il terzo trimestre del 2024, con ricavi totali pari a R$ 6,0 miliardi, un incremento del 18,5% in valuta costante. La crescita è stata principalmente guidata da Natura Brasile (+19,4%) e Avon CFT (+14,4%). L'EBITDA ricorrente dell'azienda ha raggiunto R$ 870 milioni, con un aumento del 52% e un margine del 14,6%.
Dopo la dichiarazione di bancarotta del capitolo 11 da parte di Avon Products Inc., Natura &Co ha registrato una perdita non ricorrente e non operativa di R$ 7,0 miliardi a causa della deconsolidazione, sebbene ciò non abbia avuto impatto sul cash flow. L'azienda ha chiuso il terzo trimestre con un rapporto debito netto/EBITDA ricorrente di 1,5x e R$ 3,5 miliardi in contanti.
Natura &Co reportó fuertes resultados financieros para el tercer trimestre de 2024, con ingresos totales que alcanzaron R$ 6.0 mil millones, un aumento del 18.5% en moneda constante. El crecimiento fue impulsado principalmente por Natura Brasil (+19.4%) y Avon CFT (+14.4%). El EBITDA recurrente de la compañía alcanzó R$ 870 millones, un incremento del 52% con un margen del 14.6%.
Tras la presentación de la solicitud de protección por quiebra del capítulo 11 de Avon Products Inc., Natura &Co registró una pérdida no recurrente y no operativa de R$ 7.0 mil millones debido a la deconsolidación, aunque esto no tuvo impacto en el flujo de caja. La compañía cerró el tercer trimestre con una relación de deuda neta/EBITDA recurrente de 1.5x y R$ 3.5 mil millones en efectivo.
Natura &Co는 2024년 3분기에 강력한 재무 실적을 보고했으며, 총 수익은 R$ 6.0억에 달해, 상수 통화 기준으로 18.5% 증가했습니다. 이 성장은 주로 Natura 브라질 (+19.4%)와 Avon CFT (+14.4%)에 의해 주도되었습니다. 회사의 지속 가능한 EBITDA는 R$ 870백만에 달해, 52% 증가하고 14.6%의 마진을 기록했습니다.
Avon Products Inc.가 챕터 11을 신청한 후, Natura &Co는 비지속적이고 비운영적인 R$ 7.0억의 손실을 기록했지만, 이는 현금 흐름에 영향을 미치지 않았습니다. 이 회사는 3분기를 마치며 순부채/지속 가능한 EBITDA 비율이 1.5x에 해당하며 R$ 3.5억의 현금을 보유하고 있었습니다.
Natura &Co a rapporté de solides résultats financiers pour le troisième trimestre 2024, avec un chiffre d'affaires total atteignant R$ 6,0 milliards, soit une augmentation de 18,5 % en monnaie constante. La croissance a été principalement tirée par Natura Brésil (+19,4 %) et Avon CFT (+14,4 %). L'EBITDA récurrent de l'entreprise a atteint R$ 870 millions, en hausse de 52 %, avec une marge de 14,6 %.
À la suite de la déclaration de faillite d'Avon Products Inc. au chapitre 11, Natura &Co a enregistré une perte unique non récurrente non opérationnelle de R$ 7,0 milliards en raison de la déconsidération, mais cela n'a eu aucun impact sur la trésorerie. L'entreprise a terminé le troisième trimestre avec un ratio de dette nette/EBITDA récurrent de 1,5x et R$ 3,5 milliards en espèces.
Natura &Co meldete starke Finanzzahlen für das 3. Quartal 2024, mit einem Gesamtumsatz von R$ 6,0 Milliarden, was einem Anstieg von 18,5% in konstanten Währungen entspricht. Das Wachstum wurde hauptsächlich durch Natura Brasil (+19,4%) und Avon CFT (+14,4%) vorangetrieben. Das wiederkehrende EBITDA des Unternehmens erreichte R$ 870 Millionen, ein Plus von 52% bei einer Marge von 14,6%.
Nach dem Antrag auf Insolvenz in Kapitel 11 von Avon Products Inc. verzeichnete Natura &Co einen einmaligen, nicht betrieblichen Verlust von R$ 7,0 Milliarden aufgrund der De-Konsolidierung, die jedoch keinen Einfluss auf den Cashflow hatte. Das Unternehmen beendete das 3. Quartal mit einem Verhältnis von Nettoverschuldung zu wiederkehrendem EBITDA von 1,5x und R$ 3,5 Milliarden in bar.
- Revenue increased 18.5% to R$ 6.0 billion in Q3 2024
- Recurring EBITDA grew 52% to R$ 870 million with 14.6% margin
- Gross margin improved by 340 basis points in Latin America
- Corporate expenses reduced by 43%
- Strong cash position of R$ 3.5 billion with healthy debt ratio of 1.5x
- R$ 7.0 billion non-recurring loss from Avon Products Inc. deconsolidation
- Weak performance of Avon in Hispanic markets offsetting regional growth
Strong performance driven primarily by Natura in
This strong performance was driven mainly by Natura Brazil (+
As a result, Natura &Co reported a solid 340 basis point (bps) improvement in gross margin in
"These third-quarter results demonstrate that the integration of Natura and Avon in
This quarter, following Avon Products Inc.'s Chapter 11 filing, Natura &Co deconsolidated the financial results of API and its subsidiaries. As a result of this deconsolidation, Natura &Co recognized a non-recurring, non-operating loss of approximately
In July, Natura Cosméticos issued its 13th debenture of
"Our triple bottom line fundamentals have also evolved, and as we celebrate a decade as a B Corp, we stood out in the Community pillar in our most recent recertification, thanks to the
The full earnings report and financial statements can be accessed at Natura &Co Investor Relations.
About Natura &Co
Natura &Co is a global, purpose-driven group that unites the brands Natura and Avon. We connect with over 200 million customers worldwide, engaging them through 7 million dedicated Consultants and Representatives, 900 stores and franchises, and over 19,000 employees.
We believe in creating a truly positive economic, social, and environmental impact. We believe the world doesn't need another large corporation.
The world needs symbols of change that can open new paths and inspire others to follow. We believe in the power of cooperation, co-creation, and collaboration for a better way to live and do business.
We are Natura &Co.
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SOURCE Natura &Co
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