Brazil's Natura posts 92% decline in Q2 net profit
A general view of the Natura store in a shopping mall in Brasilia, Brazil November 29, 2023. REUTERS/Adriano Machado
SAO PAULO, Aug 10 (Reuters) - Brazilian cosmetic maker Natura on Monday posted a second-quarter net profit of 35 million reais ($6.85 million), a 92.1% decline from the same period of 2025 on a recurring basis.
• Natura attributed the results mostly to higher net financial expenses, mentioning currency and derivatives effects.
• Natura's core earnings, or EBITDA, stood at 620 million reais ($12 million) in the April-June quarter, an about 6% decline year-on-year.
• Analysts polled by LSEG had the figure at 528 million reais ($103 million).
• Brazilian operations posted pressured revenue and EBITDA margin, Natura said, citing "product unavailability, macro headwinds, and a temporary tax mismatch".
• Second-quarter net revenue dropped 9.1% year-on-year to 5.17 billion reais ($1.01 billion), compared with 5.15 billion reais expected by analysts.
($1 = 5.1073 reais)
(Reporting by Andre Romani; Editing by Chris Reese and Iñigo Alexander)
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