Brazilian cosmetics maker Natura posted on Monday, August 11, a second quarter net profit of BRL 195.1 million (USD 36.1 million), marking its return into the black after several quarters into the red. In the same period last year, the company recorded a loss of R$122.7 million.
“These positive results reflect the strength of the Natura brand in Latin American markets, advances in the company’s corporate simplification efforts, and progress in integrating the Natura and Avon brands in the region,” the group explained.
Furthermore, Natura confirmed its intention to sell Avon’s operations outside Latin America, which are now classified in the financial statements as “an asset held for sale.” The planned sale involves the Avon International and Avon Central America (CARD) entities.
When only taking into account Avon’s operations in Latin America, the group’s profit was BRL 445 million (USD 82.2 million), compared to a loss of BRL 872.8 million (USD 161.65 million) a year earlier.
“We advanced our simplification and restructuring strategy, further strengthening our business fundamentals and leadership in Latin America. Following a solid Q1-25, we delivered another quarter of healthy results. Revenue accelerated in our main market, Brazil, with the Natura brand outperforming the market despite the ongoing challenges still faced by the Avon brand. Looking ahead, even amid slowing consumption, we remain absolutely confident in our ability to deliver annual profitability growth,” said João Paulo Ferreira, Natura’s CEO.
