Like Magazine Luiza, Natura, the owner of Avon International, Natura, Aesop and The Body Shop brands, whose owner backed ex-convict Lula (PT)’s presidential nomination, suffered losses in the third quarter.
The leak was R$559.8 million.
Something really huge compared to the same period in 2021, when it was a profit of R$272.9 million.
Natura, like Magalo, also attributes high inflation (despite deflation in Brazil), watchdogs, EBITDA losses, and millionaire company financial outlays.
In light of this situation, Natura thought it best to change the company’s CEO and announced Fábio Barbosa as the new CEO.
The expectation now is that Barbosa will be able to increase sales and make equity shares more valuable; Because in the year backlog already collapsed 48%.
This is a very difficult task!
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