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Yahoo
5 days ago
- Business
- Yahoo
Brazil cosmetic maker Natura swings to profit in Q2
SAO PAULO (Reuters) -Brazilian cosmetic maker Natura posted on Monday a second-quarter net profit of 195 million reais ($35.8 million), reversing a 859 million real net loss from the same period last year. Core earnings, as measured by recurring earnings before interest, taxes, depreciation and amortization (EBITDA), stood at 795.6 million reais, up 4.5% year-on-year. In the earnings report, the company said it reclassified Avon International and Avon CARD as assets kept for sale. ($1 = 5.4421 reais)
Reuters
5 days ago
- Business
- Reuters
Brazil cosmetic maker Natura swings to profit in Q2
SAO PAULO, Aug 11 (Reuters) - Brazilian cosmetic maker Natura ( opens new tab posted on Monday a second-quarter net profit of 195 million reais ($35.8 million), reversing a 859 million real net loss from the same period last year. Core earnings, as measured by recurring earnings before interest, taxes, depreciation and amortization (EBITDA), stood at 795.6 million reais, up 4.5% year-on-year. In the earnings report, the company said it reclassified Avon International and Avon CARD as assets kept for sale. ($1 = 5.4421 reais)
