Natura &Co Shares Q4 and Full Year Financial Results

Natura &Co posted Q4 consolidated net revenue of $2.0 billion, driven by double-digit growth at Natura &Co Latam and Aesop. A key highlight of the quarter was Aesop's successful entry in the China market, with initial performance above expectations. Digital also continues to progress.

“In the challenging environment we faced in 2022, we decided in mid-year to reassess the group's growth model to enter a new stabilization cycle,” explained Group CEO Fabio Barbosa. “Important changes were carried out, such as a stronger focus on profitability and cash conversion, a revision of the cost structure and the role of the Holding company, alongside important revisions in our footprint worldwide to position the business for success going forward.”

On the year, sales fell 9.5% to just over $7 billion. The Natura brand posted double-digit sales gains and even Avon sales rose 2.2% on the year.