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Coty raises outlook on strong Q1 results
Coty recorded net revenues of 1,641.4 million dollars, up 18 percent as reported and like-for-like driven by a 22 percent like-for-like increase in Prestige and a 10 percent like-for-like increase in consumer beauty. Given Coty's strong first quarter, the Company now expects FY24 like-for-like revenue growth of 9 to 11 percent, ahead of its...
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