Q2 2023 Natura & Co Holding SA Earnings Call Transcript

Aug 15, 2023 / 12:00PM GMT
Operator

Good morning, and welcome to Natura &Co's Second Quarter 2023 Earnings. On this call today are Fabio Barbosa, CEO of Natura &Co; and Guilherme Castellan, CFO of Natura &Co; Joao Paulo Ferreira, CEO of Natura &Co Latin America will join for the Q&A session. The presentation they will be referring to during this call is available on Natura &Co Investor Relations website.

I will now hand over to Fabio Barbosa.

Fabio Colletti Barbosa - Natura &Co Holding S.A. - CEO

Good morning or good afternoon to all of you, and thank you for joining us today. Very happy to be with you again.

Natura &Co continues to deliver on it's road map in the second quarter with a performance that was broadly in line with first quarter. We posted another quarter of top line growth at constant currency with sales up 1.9%, and we also posted a significant improvement in adjusted EBITDA margin of 230 points. This was mainly driven by a solid 430 basis point expansion in gross margin, benefiting from mix effects, partially offset by investment

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot