THE WHAT? Natura &Co has reported a Q4 net loss of 890.4 million reais (US$169.7 million), with lower revenues reported across all business sectors.
THE DETAILS Q4 consolidated net revenue reached R$10.39 billion, up 3 percent at constant currency and down 10.8 percent in BRL, driven by double-digit constant currency growth at Natura &Co, Latam and Aesop.
Adjusted EBITDA margin was 10.5 percent, down 280 bps vs the same period last year, reflecting a ‘challenging environment and continued investments.’
Aesop’s entry into the Chinese market was spotlighted as a quarter highlight.
THE WHY? Natura &Co highlighted a ‘resilient performance’ in Q4, with Fabio Barbosa, Group CEO, stating: “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.
“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.”
Medical aesthetic products refer to a category of products used in the field of medical aesthetics, which combines medical practices with cosmetic procedures to improve the appearance of individuals. These products are typically used under the supervision of trained medical professionals such as dermatologists, plastic surgeons, or specialized nurses. They are distinct from over-the-counter cosmetics in that they often contain higher concentrations of active ingredients or require medical expertise for their application.
Examples of medical aesthetic products include:
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Dermal Fillers: Injectable substances used to restore volume, fill wrinkles, and enhance facial contours. These may include hyaluronic acid fillers like Juvederm or collagen-stimulating fillers like Sculptra.
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Botulinum Toxin (Botox): Injectable neurotoxins used to temporarily paralyze facial muscles, reducing the appearance of wrinkles and fine lines caused by facial expressions.
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Chemical Peels: Solutions containing chemical exfoliants like glycolic acid, salicylic acid, or trichloroacetic acid, used to improve skin texture, treat acne scars, and reduce hyperpigmentation.
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Laser and Light Devices: Equipment used for various skin treatments, including hair removal, skin resurfacing, tattoo removal, and treatment of vascular and pigmented lesions.
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Prescription Skincare Products: Formulations containing active ingredients such as retinoids (e.g., tretinoin), hydroquinone, or prescription-strength antioxidants, designed to address specific dermatological concerns under medical supervision.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production and improve skin texture and elasticity.
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Cosmeceuticals: High-quality skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing biologically active ingredients with proven efficacy.
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