SAO PAULO (Reuters) – Brazilian cosmetic maker Natura posted on Monday a first-quarter net loss of 150.7 million reais ($26.6 million), 83.9% narrower than a year earlier. Core earnings, as measured by recurring earnings before interest, taxes, depreciation and amortization (EBITDA), stood at 789.5 million reais, up some 30% year-on-year and above the 623 million-real […]
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Brazil cosmetic maker Natura’s Q1 net loss narrows by 84%
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SAO PAULO (Reuters) – Brazilian cosmetic maker Natura posted on Monday a first-quarter net loss of 150.7 million reais ($26.6 million), 83.9% narrower than a year earlier.
Core earnings, as measured by recurring earnings before interest, taxes, depreciation and amortization (EBITDA), stood at 789.5 million reais, up some 30% year-on-year and above the 623 million-real expected by analysts in a LSEG poll.
($1 = 5.6699 reais)
(Reporting by Andre Romani; Editing by Himani Sarkar)