Puig Exceeds €3,600M in 2022 Net Revenue

Mar 23rd, 2023

Jacquelyn Mueller, associate editor, Global Cosmetic Industry

The company is on track to achieve its goal of €4,500 million in revenue in 2025.

The company is on track to achieve its goal of €4,500 million in revenue in 2025.

Puig reached €3,620 million in net sales for 2022, a 40% increase as compared to the previous year.

Net income in 2022 was €400 million, a 71% increase as compared to the previous year.

Puig reinforced its brand portfolio through the acquisition of a majority stake in the Swedish luxury brand Byredo and the incorporation of the wellness brands Kama Ayurveda and Loto del Sur.

The company is on track to achieve its goal of €4,500 million in revenue in 2025.

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