Ethical Beauty Retailer Sees Profits Soar

  • The Body Shop reports an increase in sales and profits
  • 18.7% EBITDA surge to £11.6m
  • Revenue reaches £173.9m, a 1.1% increase
  • Excluding Hong Kong protests, revenue increases by 6.4% on constant currency basis
  • UK like-for-likes increased by 3.1% in the quarter
  • Natura and Co wins shareholder approval to acquire Avon
  • Acquisition expected to complete in Q1 2020

The Body Shop, an ethical beauty retailer, has reported a significant increase in sales and profits during the third quarter due to strong performance in its UK market. The company’s parent, Natura and Co, saw a 18.7% surge in EBITDA at £11.6m and a 1.1% revenue increase to £173.9m. Excluding the impact of protests in Hong Kong, The Body Shop’s revenue grew by 6.4% on a constant currency basis. Additionally, its UK like-for-likes increased by 3.1%. Natura and Co, which also owns Aesop, expressed excitement about progress in acquiring Avon, with the transaction expected to close in Q1 2020.

Factuality Level: 8
Factuality Justification: The article provides accurate information about The Body Shop’s sales and profit increase, its performance in the UK market, and the impact of protests in Hong Kong on its revenue. It also mentions the acquisition of Avon by Natura and Co. However, it lacks some details about the specific factors contributing to the growth and could provide more context about the overall market conditions.
Noise Level: 3
Noise Justification: The article provides relevant information about The Body Shop’s sales and profit increase, but it lacks a detailed analysis or exploration of long-term trends or possibilities. It also does not hold powerful people accountable or explore consequences on those who bear the risks. However, it does provide some actionable insights by mentioning the acquisition of Avon.
Financial Relevance: Yes
Financial Markets Impacted: The Body Shop and Natura & Co’s stock prices
Financial Rating Justification: The article discusses an increase in sales and profits for The Body Shop, which is a financial performance of the company. It also mentions the acquisition of Avon by Natura & Co, which could impact the stocks of both companies.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the text.

Reported publicly: www.retailsector.co.uk