Coty reports ‘excellent’ growth in Luxury Beauty division

Published: 8-Feb-2018
Finance

The company’s net revenues grow 14.8% to reach US$2.6bn as Luxury, Professional and Consumer Beauty segments all perform well

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Coty reports ‘excellent’ growth in Luxury Beauty division
Burberry Beauty is one of Coty's Luxury Beauty brands

Burberry Beauty is one of Coty's Luxury Beauty brands

Coty has reported strong results for its second quarter 2018.

The company generated US$2.63bn in net revenues, up 14.8% on the same period in 2017. Meanwhile for the first six months of fiscal 2018, Coty reported net revenues of $4.87bn, up 44.4% compared to the prior year.

Camillo Pane, Coty CEO said: "Q2 was a very strong quarter marked by

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