Coty(COTY) - 2024 Q3 - Earnings Call Presentation

May 6, 2024 KEY MESSAGES ▪ Q3 LFL REVENUE GROWTH OF +10% AND FYTD +13%, FUELED BY BOTH DIVISIONS WITH PARTICULAR STRENGTH IN PRESTIGE; EXPANSION IN ALL 3 REGIONS, WITH MARKET SHARE GAINS IN ALL THREE REGIONS IN PRESTIGE; AND CONTRIBUTION FROM VOLUME AND PRICE / MIX, REINFORCING COTY'S BALANCED GROWTH AGENDA ▪ Q3 ADJ GROSS MARGINS +190BPS WITH FYTD GROSS MARGIN OF 64.4% UP 20BPS YOY; Q3 ADJ OP INCOME GREW +17% YOY AND ADJ EBITDA GREW +10%, WITH EBITDA MARGIN +30BPS ▪ STRONG EXECUTION ACROSS ALL OF OUR STRATE ...