07.01.19
In 2018, Puig reported $2.2 billion in net revenues, a figure very similar to the previous year, and a reported 5% increase on a like-for-like and constant currency and accounting rules basis.
For the year, 14% of revenues were generated in Spain and 86% in other countries throughout the rest of the world. Emerging markets outside of North America and the European Union accounted for 41% of the company’s business. In Spain, retail sales of selective fragrances to end consumers increase more than 1%, and Puig maintained its leadership both in selective perfumery and in the mass market. Some significant chains closed some of their doors, which had a negative impact.
For the year, 14% of revenues were generated in Spain and 86% in other countries throughout the rest of the world. Emerging markets outside of North America and the European Union accounted for 41% of the company’s business. In Spain, retail sales of selective fragrances to end consumers increase more than 1%, and Puig maintained its leadership both in selective perfumery and in the mass market. Some significant chains closed some of their doors, which had a negative impact.