The Body Shop owner books double digit quarterly growth

The Body Shop owner books double digit quarterly growth
Digital sales now accounts for 51% of Natura & Co's total revenue.
// Natura & Co’s consolidated net revenue for for Q2 grows 36.2%
// EBITDA grew 31.9% to 811.2m Brazilian reais (£111.7m)

The parent company of The Body Shop has recorded double-digit revenue growth in its second quarter following a strong performance across all of its brands.

Natura & Co, the Brazilian firm that also owns Aesop, Avon and Natura & Co, said consolidated net revenue for the quarter came in at 9.5 billion Brazilian reais (£1.31 billion), marking a 36.2 per cent uptick or 31.7 per cent at constant currency.

Meanwhile, net income grew to 235 million Brazilian reais (£32.3 million) and adjusted EBITDA grew 31.9 per cent to 811.2 million Brazilian reais (£111.7 million).

Natura & Co also benefited from strong sales in digital social selling and ecommerce across all brands in the second quarter, despite the continued impact of Covid-19.

This means digital sales now accounts for 51 per cent of the firm’s total revenue.

“Natura & Co turned in another strong performance in the second quarter despite a persistently challenging environment, demonstrating again the relevance of our multichannel model, the powerful appeal of our brands and products and unparalleled direct-to-customer reach,” Natura & Co chief executive Roberto Marques said.

“All of our brands and businesses posted double-digit growth and we once again outperformed the global CFT market.”

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