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Puig Posts 6.1% Q3 Growth to €1.3 Billion, Reaffirms 2025 Outlook

The Spanish beauty group reaffirmed its 2025 growth outlook on strength outside fragrance.

Overview

  • Makeup rose 18.8% to €230 million and skincare grew 10.5% to €135 million, while fragrance and fashion increased 2.8% to €932 million.
  • Asia-Pacific revenue jumped 35.8% to €134 million, with EMEA up 4.2% to €699 million and the Americas up 2.3% to €464 million.
  • Year to date, sales reached €3.6 billion, up 7% like for like and 4.9% on a reported basis.
  • Management noted a normalizing fragrance market and voiced holiday-season confidence, citing niche scents, Charlotte Tilbury and launches such as Carolina Herrera’s La Bomba.
  • The company maintained full-year revenue growth guidance of 6%–8% and set a Capital Markets Day for April 16–17, 2026.