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Coty narrows Q4 loss, revenue more than doubles on P&G brands
2017年8月22日 / 上午10点44分 / 1 个月前

Coty narrows Q4 loss, revenue more than doubles on P&G brands

Aug 22 (Reuters) - U.S. beauty products maker Coty Inc narrowed its quarterly loss and reported sales that more than doubled, powered by the acquisition of Procter & Gamble brands.

Net loss attributable to Coty Inc was $304.8 million, or 41 cents per share, in the fourth quarter ended June 30 compared with a loss of $422.2 million, or 66 cents per share, a year earlier.

Excluding certain items, earnings per share were break even.

Net sales rose to $2.24 billion from $1.08 billion. (Reporting by Vibhuti Sharma in Bengaluru; Editing by Arun Koyyur)

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