Just at the market closure, the company behind the perfumes of Carolina Herrera Puig Brands, has announced its sales figures of the second quarter once the market is closed, giving the Departure gun to the quarterly results season.
Puig generated Net sales of € 2,299 in the first semester (H1) of 2025, which represents a growth of +7.6% LFL and +5.9% in reported terms. The evolution of exchange rates had a negative impact of (1.7%) in this first semester.
The company has detailed in its press release that «the Evolution of second quarter sales (Q2) It was similar to that recorded in the first (Q1), obtaining net sales of € 1,093 m and a growth of +7.7 % LFL, which was counteracted by a negative impact of 3.8 % of the exchange rate. «
Puig explained that All market segments in which it operates increased their sales LFL in the first semester, with 8.6% in fragrances and fashion, and in skin care, and 2% in makeup.
By regions, there has been positive growth in all geographical areas in the first semester, highlighting the solid result in Americas, +10.9% LFL, and in Asia-Pacific, +16.5% LFL.
Financial perspectives for 2025
Puig maintains its financial prospects for 2025, which set their growth forecast of LFL sales in a range of between 6% to 8%as well as your expectations for increased enhanced Ebitda margin. These perspectives reflect Puig’s confidence in his strategy while considering the current context of economic and geopolitical uncertainty.
Marc Puig, Puig Ejective Presidenthe stated: “In the first half of 2025, we have maintained a strong and consistent growth, of a +7.5% LFL in the first quarter and a +7.7% LFL in the second. In addition, our segments and regions had a solid performance, which again demonstrates the health and resilience of our portfolio of brands in a changing market context. Solid underlying growth, although at a slightly more moderate rhythm, after several exceptional quarters.