Puig has announced its fiscal 2021 results, which showed net revenue was 2,585 million euros, an increase of 68% compared to 2020 and 27% compared to 2019.
Net income for the time period was 234 million euros.
Profit was 365 million euros.
Categories
The makeup category accounted for 16% of net revenue.
Dermo-cosmetics accounted for 11% of net revenue.
Fragrances and fashion accounted for 73% of net revenue.
Outlook
The company is projecting net revenues of 3,000 million euros in 2022, ahead of the original timeline of 2023.