THE WHAT? Natura &Co has continued to improve its profit margins in the third quarter of the current financial year, while deleveraging its balance sheet courtesy of the sale of Aesop, which completed on August 30, 2023.
THE DETAILS The Brazilian beauty giant’s revenue dipped 0.7 percent yoy at constant currency, to R$7.5 billion. Gross margin grew by 310 bps and adjusted EBITDA margin rose 190 bps versus the prior-year period.
The Natura brand was the star performer with double digit growth in constant currency (+18.6 percent). Avon International saw revenue drop 2.3 percent while The Body Shop posted a decline of 13.2 percent.
THE WHY? Fabio Barbosa, Group CEO of Natura &Co, explains, “Natura &Co Q3’s performance continued the trend of the first two quarters of the year, showing a strong expansion of both Gross margin and EBITDA margin versus the prior year, despite a small deceleration in revenue, mainly caused by the implementation of Wave 2 in Latam and the continuing declining trend in sales at The Body Shop.”
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
