A separation would result in two independent, publicly traded beauty companies (Natura and Avon), with unique business plans, independent governance, and management teams, better equipped to pursue more tailored strategies to drive long-term shareholder value:
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/19/2022 | $7.00 → $8.00 | Neutral → Overweight | JP Morgan |
| 3/9/2022 | $10.00 | Underweight → Neutral | JP Morgan |
25 - Natura &Co Holding S.A. (0001776967) (Filer)
6-K - Natura &Co Holding S.A. (0001776967) (Filer)
6-K - Natura &Co Holding S.A. (0001776967) (Filer)
Strong performance of Natura Brand in Brazil combined with solid margin results from the Wave 2-implemented countries led to YoY profitability evolution and more than offset Avon International's margin contraction amid sales deleverage SÃO PAULO, May 14, 2024 /PRNewswire/ -- Natura &Co's (B3: NTCO3) first quarter 2024 financial results (Q1-24), released today, showed increased profitability driven by solid results from Natura &Co Latam, which is benefiting from the integration of Natura and Avon in the region (referred to as 'Wave 2'), coupled with richer country and brand mix. This more than offset the margin contraction at Avon International amid sales deleveraging. Natura &Co's consolidat
Fiscal Year registered positive net cash of BRL 1.7 billionNet income reached BRL 3.0 billion, of which BRL 979 million will be distributed as dividends SÃO PAULO, March 12, 2024 /PRNewswire/ -- Natura &Co's (B3:NTCO3) 2023 financial results, released today, reflect the benefits of a strategy defined and implemented 18 months ago, to prioritize profitability and cash conversion versus revenue growth, integrate the Natura and Avon brands in Latin America, and divest non-core assets to deleverage and simplify its corporate structure. Natura &Co's 2023 consolidated net revenue reached BRL 26.7 billion in the year, up 3.5% vs 2022 in constant currency (CC) and down 8.5% year-on-year in Brazilia
The potential move would support the group's strategy of simplifying operations, strengthening brand autonomy and unlocking shareholder value SÃO PAULO, Feb. 5, 2024 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that its Board of Directors has authorized its management to assess a possible separation of Natura &Co Latam and Avon to unlock further shareholder value. A separation would result in two independent, publicly traded beauty companies (Natura and Avon), with unique business plans, independent governance, and management teams, better equipped to pursue more tailored strategies to drive long-term shareholder value: Natura: a leading beauty company with historically
Kristof Neirynck will be promoted to CEO of Avon as of January 1st 2024 SÃO PAULO, Nov. 30, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces Kristof Neirynck, currently the Global Chief Marketing Officer and Managing Director for Western Europe, as the new CEO of Avon. After a landmark 25 years with the company, Angela Cretu will continue to support and contribute to the Avon business, as an advisor. Under Angela's leadership, Avon initiated a successful turnaround strategy, streamlining its operating model and radically simplifying its portfolio. Through a major transformation of the commercial model, R&D redesign, and technology modernization, Avon's traditional direct
JP Morgan upgraded Natura &Co from Neutral to Overweight and set a new price target of $8.00 from $7.00 previously
JP Morgan upgraded Natura &Co from Underweight to Neutral and set a new price target of $10.00
Jefferies initiated coverage of Natura &Co with a rating of Buy and set a new price target of $28.00
SC 13G/A - Natura &Co Holding S.A. (0001776967) (Subject)
SC 13G - Natura &Co Holding S.A. (0001776967) (Subject)
SC 13G/A - Natura &Co Holding S.A. (0001776967) (Subject)
Fiscal Year registered positive net cash of BRL 1.7 billionNet income reached BRL 3.0 billion, of which BRL 979 million will be distributed as dividends SÃO PAULO, March 12, 2024 /PRNewswire/ -- Natura &Co's (B3:NTCO3) 2023 financial results, released today, reflect the benefits of a strategy defined and implemented 18 months ago, to prioritize profitability and cash conversion versus revenue growth, integrate the Natura and Avon brands in Latin America, and divest non-core assets to deleverage and simplify its corporate structure. Natura &Co's 2023 consolidated net revenue reached BRL 26.7 billion in the year, up 3.5% vs 2022 in constant currency (CC) and down 8.5% year-on-year in Brazilia
A separation would result in two independent, publicly traded beauty companies (Natura and Avon), with unique business plans, independent governance, and management teams, better equipped to pursue more tailored strategies to drive long-term shareholder value:
The delisting of ADRs is the next step in the company's long-term strategySÃO PAULO, 18 January 2024 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that its Board of Directors has approved a plan to end the company's secondary listing of American Depositary Shares (ADSs) on the New York Stock Exchange (NYSE), while maintaining its primary listing of common shares on the B3 stock exchange in São Paulo.In line with the company's long-term strategic objectives of simplifying operations, Natura &Co has decided to discontinue its secondary listing on the NYSE, as the vast majority of Natura &Co trading activity is concentrated on the B3 stock exchange. The decreasing trading volu