Puig third quarter revenues rise 5.6 percent to 1.39 billion euros
Spanish cosmetics group Puig reported a 5.6 percent increase in third-quarter revenues reaching 1.39 billion euros on Wednesday.
Regional and segment performance details
Asia-Pacific markets, niche fragrances, dermocosmetics, and makeup categories all posted double-digit growth figures during the period. Fragrance and fashion sales specifically climbed 3.9 percent to reach 985.8 million euros in total value. Makeup revenue increased by 16.1 percent while skincare sales experienced a slight decline of 0.8 percent.
Brand specific growth and normalization
Growth rates for Rabanne and Jean Paul Gaultier are returning to normal levels after expanding significantly over the last five years. The launch of La Favorite in France helped place that brand within the top fifteen there. Charlotte Tilbury remains part of the makeup portfolio which saw substantial gains this quarter.
Geographic expansion and market strength
Europe, the Middle East, and Africa regions recorded a 3.8 percent like-for-like increase to 727.5 million euros. Premium skincare sales remained soft while dermocosmetics drove double-digit growth through the Uriage brand line.
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