Coty suffers quarterly sales blow

By Sarah Parsons | Published: 23-Aug-2017
Finance

Following the company's acquisition of P&G, Coty has revealed losses in luxury and consumer beauty

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Coty revealed a turbulent Q4 2017, revealing losses and disappointing sales following the P&G merger.

The cosmetics giant said its Q4 revenues came in at $2.4bn, this represented a 5% year-on-year increase when the sales from P&G’s beauty division is added into the previous year’s results.

However, Coty logged a Q4 net loss of $3

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  • Companies:
  • COTY
  • Procter and Gamble
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