February 19, 2025 – Coty (NYSE: COTY) (Paris: COTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, is pleased to confirm that Chief Executive Officer Sue Nabi and Chief Financial Officer Laurent Mercier will present at the 2025 Consumer Analyst Group of New York Conference (CAGNY) on Wednesday, February 19 at 4:00pm EST or 10:00pm CET.
Coty will provide an update on its category leadership, financial and strategic progress, and how it plans to fuel outperformance of the beauty market, while capturing white-space opportunities across categories and price points.
Coty has consistently outpaced the beauty market in 9 of the last 14 quarters through best-in-class execution of its strategic growth pillars. The Company continues to leverage its global leadership position in both prestige and mass fragrances, its best-in-class fragrance capabilities and robust brand portfolio to fuel strong sell-out growth for its fragrance business, which accounts for over 60% of its sales and an even larger portion of its profit. This fragrance leadership underpins Coty’s strategy to capture growth in existing and new geographic markets as well as scenting adjacencies, which together represent a multi-billion dollar opportunity. At the same time, Coty’s established positions in cosmetics and bodycare, and strengthening capabilities in skincare, will further reinforce its multi-category beauty portfolio.
The Company’s strategic progress is complemented by a disciplined financial approach and a robust deleveraging agenda. Over the past 4 fiscal years, Coty has expanded its adjusted gross margins by over 400 basis points and adjusted EBITDA margins by 130 basis points to 17.8%. In the first half of 2025, Coty reached a key milestone exiting CY24, reporting a leverage below 3x for the first time in over 8 years. Coty continues to target steady gross and EBITDA margin expansion, coupled with double-digit adjusted EPS growth in the coming years, with leverage declining towards 2x by the end of CY26.
Sue Nabi, Coty’s CEO, said, “The beauty market has evolved considerably since we first unveiled our strategy over three years ago. We see significant growth opportunities for our core brands in the coming years, particularly in the fragrance category, where structural tailwinds are supporting category growth. Our fragrance portfolio delivered outperformance at all price points in the first half of this year, driven by strong momentum across iconic brands including Hugo Boss, Burberry, Chloe and Marc Jacobs.
“With 2025 emerging as a key year for the sector, we are confident in our ability to fuel Coty’s outperformance of the global beauty market and deliver long-term growth, leveraging our multi-category beauty expertise, track record of innovation and IP utilisation, and diversified portfolio of brands across the price spectrum.”
The presentation accompanying management’s remarks will be available on Coty’s Investor Relations website, under Events and Presentations. A live webcast of the presentation will begin at 4:00pm EST or 10:00pm CET, and a replay of Coty’s remarks will be available at investors.coty.com/news-events-and-presentations.
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