2023-05-24 04:29:39 ET
Summary
- Natura &Co Holding S.A. develops, produces, and distributes cosmetics, fragrances, and personal care products across various regions.
- Revenue growth has begun to decline, as Avon drags the company's performance down.
- Natura has sold Aesop to deleverage the business and support growth in existing brands.
- Margins have also slipped, with acquired brands diluting EBITDA.
- Natura is incredibly cheap which represents an opportunity. We suggest patience as there is still pain to come.
For further details see:
Natura: Transformation Story Begins