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BRIEF-Coty Says Strong Progress Towards 2x Leverage Target Exiting CY26

ReutersFeb 19, 2025 5:34 AM

- Coty Inc COTY.N:

  • COTY: TARGET STEADY GROSS, EBITDA MARGIN EXPANSION, WITH DOUBLE-DIGIT ADJUSTED EPS GROWTH IN COMING YEARS, WITH LEVERAGE DECLINING TOWARDS 2X BY CY26

  • COTY INC: CO TO OVERDRIVE FRAGRANCE CATEGORY ACROSS PRICE POINTS, FROM $5 TO $500

Source text: ID:nBwbdj1la

Further company coverage: COTY.N

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