Puig posts profit up 14% for 2024, but remains cautious about 2025

Spain's luxury and cosmetics group Puig, which owns brands such as Charlotte Tilbury, Nina Ricci, Penhaligon's, Rabanne and Jean-Paul Gaultier, posted a sharp increase in profits in 2024 thanks to the dynamism of its sales, particularly in the perfume sector. The company, which went public in early May, posted a net profit of 531 million euros over the year, 14% more than the 465 million euros in 2023. This result is significantly higher than analysts' expectations, who were counting on... - Industry buzz

Feb 28, 2025 - 16:55

Spain's luxury and cosmetics group Puig, which owns brands such as Charlotte Tilbury, Nina Ricci, Penhaligon's, Rabanne and Jean-Paul Gaultier, posted a sharp increase in profits in 2024 thanks to the dynamism of its sales, particularly in the perfume sector.
The company, which went public in early May, posted a net profit of 531 million euros over the year, 14% more than the 465 million euros in 2023.
This result is significantly higher than analysts' expectations, who were counting on... - Industry buzz