Puig increases sales by 7.5% in the first quarter, reaching 1,206 million euros
The family-owned fashion, cosmetics, and perfumery group maintains its growth forecast of between 6% and 8% despite the tariff war.
BarcelonaPuig closed the first quarter of this year with a 7.5% increase in sales, reaching €1.206 billion. This growth leads the cosmetics, fashion, and perfumery company to maintain its forecast of an annual sales increase of between 6% and 8%, despite the tariff war initiated by US President Donald Trump.
The core business, fragrances and fashion, is the one that has most boosted the overall growth. In total, sales in this area grew by 10.4%, to €896 million, between January and March. The makeup business, on the other hand, experienced a 6% decline, to €165.3 million.
The family group, listed on the stock market since May of last year and part of the Ibex 35, also maintains its expectations for an increase in its adjusted operating profit (EBITDA) margin.
Group president Marc Puig emphasizes that the company has started the year "strongly" and outperformed the global premium beauty market. He also highlights the growth experienced in all geographic regions and singles out the Americas, where they maintain their outlook for 2025 despite the macroeconomic context and the tariff war initiated by Donald Trump.
