Natura & Co Holding Sa (NTCOY) has released an update.
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Natura &Co Holding S.A. reports a mixed financial outcome for Q1 2024, with a consolidated net revenue increase in constant currency but an overall decline in Brazilian Reais, and a notable net loss increase compared to Q1 2023. The integration of Natura and Avon in Latin America has led to profitability gains, despite Avon International facing margin contraction due to sales challenges. The company remains optimistic about their transformational process and potential brand integration benefits.
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