Coty(COTY) - 2021 Q3 - Earnings Call Presentation
COTY 3Q21 EARNINGS CALL COTY SINCE 1904 Fei V Fei's book *李好物分 □ 来自合集: Fei's Book ⁄ 说点什么 … 287 区 KEY MESSAGES STRONG SEQUENTIAL IMPROVEMENT IN REVENUE TRENDS, DESPITE MUCH OF EMEA BEING UNDER STRICT LOCKDOWNS ▪ PRESTIGE BUSINESS BACK TO GROWTH, WITH STRONG MOMENTUM IN THE U.S. AND CHINA VERY ROBUST PROFIT DELIVERY ▪ STRONG IMPROVEMENT IN GROSS MARGIN REACHING 62% COUPLED WITH CONTINUED COST REDUCTIONS ENABLING INCREASED A&CP (UP ~260BPS VS. 1H21) AND OVER $180M INCREASE IN EBITDA RAPIDLY EXECUTING ON ALL KE ...