Puig grows by 4.8% and surpasses 3.7 billion in sales until September

Puig reported a 4.8% growth in sales, reaching €3.745 billion in the first nine months of the year, driven by strong performance in makeup and the Asia-Pacific region. The fragrance and fashion division generated €2.702 billion, while makeup sales increased by 12% to €628 million. The company benefited from favorable currency exchange rates, particularly the strong dollar. In Q3, Puig's sales were €1.391 billion, reflecting a 5.6% growth at constant currency. CEO José Manuel Albesa highlighted the company's innovation and portfolio strength. Puig plans to update its strategy on October 28 and recently announced the acquisition of a 50% stake in Isdin for €1.2 billion, aiming to control 100% of the company by early next year.