Union for Ethical Biotrade

Natura &Co: Consistent adjusted EBITDA margin improvement alongside strengthened balance sheet in Q3

Retrieved on: 
Tuesday, November 14, 2023

SÃO PAULO, Nov. 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3)  continued to improve its profit margins in the third quarter, while deleveraging its balance sheet thanks to the proceeds of the sale of Aesop, which closed on August 30th.

Key Points: 
  • Avon International posted broadly stable top line and further margin improvements, reaching high-single-digit adjusted EBITDA margin.
  • Margin benefited from strong gross margin improvement, up 320 bps to 63.7%, benefitting from the continued effects of price increases, richer mix and marketing efforts.
  • Adjusted EBITDA margin was 8%, up 440 bps, driven by gross margin expansion of 490 bps thanks to price increases and product mix.
  • Adjusted EBITDA margin improved again this quarter, growing by 140 basis points to 7.7%, thanks to another quarter of gross margin growth, up 30 bps to 76.6%, combined with strict cost control.

Natura &Co: Consistent adjusted EBITDA margin improvement alongside strengthened balance sheet in Q3

Retrieved on: 
Tuesday, November 14, 2023

SÃO PAULO, Nov. 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3)  continued to improve its profit margins in the third quarter, while deleveraging its balance sheet thanks to the proceeds of the sale of Aesop, which closed on August 30th.

Key Points: 
  • Avon International posted broadly stable top line and further margin improvements, reaching high-single-digit adjusted EBITDA margin.
  • Margin benefited from strong gross margin improvement, up 320 bps to 63.7%, benefitting from the continued effects of price increases, richer mix and marketing efforts.
  • Adjusted EBITDA margin was 8%, up 440 bps, driven by gross margin expansion of 490 bps thanks to price increases and product mix.
  • Adjusted EBITDA margin improved again this quarter, growing by 140 basis points to 7.7%, thanks to another quarter of gross margin growth, up 30 bps to 76.6%, combined with strict cost control.

Clarins continues to move forward with its CSR strategy, becoming an official member of the UEBT

Retrieved on: 
Tuesday, January 25, 2022

PARIS, Jan. 25, 2022 /PRNewswire/--On 10th December 2021, Clarins became an official member of Union for Ethical Biotrade (UEBT).

Key Points: 
  • PARIS, Jan. 25, 2022 /PRNewswire/--On 10th December 2021, Clarins became an official member of Union for Ethical Biotrade (UEBT).
  • This initiative of Clarins with UEBT began at the end of 2019.
  • This required minimum is just a starting point: being a member of UEBT also and above all means being committed to doing even better tomorrow.
  • To confirm its member status, in 2021 Clarins defined an action plan which will be reviewed every three years.

Clarins continues to move forward with its CSR strategy, becoming an official member of the UEBT

Retrieved on: 
Tuesday, January 25, 2022

PARIS, Jan. 25, 2022 /PRNewswire/--On 10th December 2021, Clarins became an official member of Union for Ethical Biotrade (UEBT).

Key Points: 
  • PARIS, Jan. 25, 2022 /PRNewswire/--On 10th December 2021, Clarins became an official member of Union for Ethical Biotrade (UEBT).
  • This initiative of Clarins with UEBT began at the end of 2019.
  • This required minimum is just a starting point: being a member of UEBT also and above all means being committed to doing even better tomorrow.
  • To confirm its member status, in 2021 Clarins defined an action plan which will be reviewed every three years.

WELEDA Announces B Corp Certification, Reinforcing Brand's 100 Year Legacy As One Of The Leading Natural Cosmetic Brands

Retrieved on: 
Wednesday, November 17, 2021

This puts WELEDA in a select group of purpose-focused businesses verifiably recognized for using business as a force for good.

Key Points: 
  • This puts WELEDA in a select group of purpose-focused businesses verifiably recognized for using business as a force for good.
  • Conducting business in harmony with nature and people has been WELEDA's trailblazing approach for 100 years.
  • To learn more about WELEDA's B Corp certification and impact work, visit https://www.weleda.com/b-corp and follow @weleda_usa on Instagram for relevant updates.
  • WELEDA is represented in around 50 countries and is the world's leading manufacturer of certified and natural cosmetics and Anthroposophic medicines.

Firmenich Reports Robust FY 2021 Sustainability Performance

Retrieved on: 
Wednesday, October 6, 2021

The pandemic and recent climate events show we need to keep on turbocharging our leadership across the ESG spectrum," said Gilbert Ghostine, CEO Firmenich.

Key Points: 
  • The pandemic and recent climate events show we need to keep on turbocharging our leadership across the ESG spectrum," said Gilbert Ghostine, CEO Firmenich.
  • Embracing Nature: In 2021, Firmenich became the first company in the world to achieve full verified Biodiversity Risk Management (ABS).
  • The Firmenich ESG Report 2021 is aligned with the OECD Guidelines for Multinational Enterprises, the SASB Materiality Map and is prepared in accordance with the Global Reporting Initiative's (GRI) standards.
  • Firmenich had an annual turnover of 4.3 billion Swiss Francs at end June 2021.

Firmenich Reports Robust FY 2021 Sustainability Performance

Retrieved on: 
Wednesday, October 6, 2021

GENEVA, Oct. 6, 2021 /PRNewswire/ -- Firmenich, the world's largest privately-owned fragrance and taste company, today releases its annual Environmental, Social and Governance (ESG) Report, detailing the Group's robust ESG performance in Fiscal Year 2021. Building on its leadership in Responsible Business, Firmenich has stepped up progress towards its ground-breaking 2025 ESG goals across three key areas: climate, nature and people.

Key Points: 
  • The pandemic and recent climate events show we need to keep on turbocharging our leadership across the ESG spectrum," said Gilbert Ghostine, CEO Firmenich.
  • Embracing Nature: In 2021, Firmenich became the first company in the world to achieve full verified Biodiversity Risk Management (ABS).
  • The Firmenich ESG Report 2021 is aligned with the OECD Guidelines for Multinational Enterprises, the SASB Materiality Map and is prepared in accordance with the Global Reporting Initiative's (GRI) standards.
  • Firmenich had an annual turnover of 4.3 billion Swiss Francs at end June 2021.

Global Bioenergies publishes half-year financial results

Retrieved on: 
Tuesday, September 28, 2021

Other payables and deferred income were reduced by the transfer of intercompany payables (between Global Bioenergies SA and Global Bioenergies GmbH) to GlobalBioenergies GmbH's current account and the recognition of income from grants, which reduced the amount of deferred income.

Key Points: 
  • Other payables and deferred income were reduced by the transfer of intercompany payables (between Global Bioenergies SA and Global Bioenergies GmbH) to GlobalBioenergies GmbH's current account and the recognition of income from grants, which reduced the amount of deferred income.
  • Corinne Granger, Chairwoman of the Board of Directors of Global Bioenergies, said:PierreMonsan's scientific and industrial experience will be a decisive advantage in the roll-out of Global Bioenergies bioproduction units over the coming years.
  • Marc Delcourt, Chief Executive Officer of Global Bioenergies, explained: Pierre Monsan has written several chapters of the history of global industrial biology.
  • Global Bioenergies has developed a process to convert plant-derived resources into a key family of ingredients used in the cosmetics industry.

Firmenich Group joins Union for Ethical BioTrade, strengthening its commitment to biodiversity & natural ingredients sourcing

Retrieved on: 
Tuesday, June 29, 2021

"UEBT is recognized for setting high standards and working with companies on biodiversity, making this partnership a key milestone for our 2030 ESG objectives on responsible sourcing.

Key Points: 
  • "UEBT is recognized for setting high standards and working with companies on biodiversity, making this partnership a key milestone for our 2030 ESG objectives on responsible sourcing.
  • "Firmenich has set clear targets for 2030 on sourcing with respect for people and biodiversity," commented Rik Kutsch Lojenga, Executive Director of UEBT.
  • It works to regenerate nature and secure a better future for people through ethical sourcing of ingredients from biodiversity.
  • UEBT is internationally recognized for its work with companies on ethical sourcing of ingredients from biodiversity.

Firmenich Group joins Union for Ethical BioTrade, strengthening its commitment to biodiversity & natural ingredients sourcing

Retrieved on: 
Tuesday, June 29, 2021

"UEBT is recognized for setting high standards and working with companies on biodiversity, making this partnership a key milestone for our 2030 ESG objectives on responsible sourcing.

Key Points: 
  • "UEBT is recognized for setting high standards and working with companies on biodiversity, making this partnership a key milestone for our 2030 ESG objectives on responsible sourcing.
  • "Firmenich has set clear targets for 2030 on sourcing with respect for people and biodiversity," commented Rik Kutsch Lojenga, Executive Director of UEBT.
  • It works to regenerate nature and secure a better future for people through ethical sourcing of ingredients from biodiversity.
  • UEBT is internationally recognized for its work with companies on ethical sourcing of ingredients from biodiversity.