Home / Business and Economy / Puig Beats Expectations With 4.1% Q2 Sales Jump
Puig Beats Expectations With 4.1% Q2 Sales Jump
1 Aug
Summary
- Puig's Q2 sales increased by 4.1% to 1.14 billion euros.
- The company gained market share across categories and geographies.
- Middle East impact estimated at 14 million euros for the first half.
Puig reported robust financial results for the second quarter of 2026, with sales climbing 4.1 percent to 1.14 billion euros. This performance exceeded market expectations and was bolstered by strong contributions from its fragrance, fashion, makeup, and dermocosmetics activities.
During the first six months of 2026, group sales rose 2.4 percent to 2.35 billion euros. Net profit decreased slightly by 4.4 percent to 263 million euros, but the profit margin improved to 19.5 percent.
The company's CEO highlighted that Puig outperformed the premium beauty market, expanding its market share globally. All business segments and geographical areas contributed to this growth.
The ongoing situation in the Middle East had an estimated impact of 14 million euros on sales in the first half of 2026. While the travel-retail channel continued to be affected, local markets showed a healthy recovery.
Fragrance and fashion remained the largest revenue generators, accounting for 73 percent of total sales. The Asia-Pacific, travel retail, and North America regions were noted as the strongest contributors to this period's success.
