16 Aug 2023 --- Natura &Co Q2 consolidated net revenue of BRL 7.8 billion (US$1.6 billion), up 1.9% at constant currency (-4.1% in BRL), driven by solid constant currency (CC) growth at the company’s Latin America division. Gross margin was 65.4%, up 430 bps vs. Q2-22 and adjusted EBITDA margin was 9.7%, up 230 bps vs. the same period last year, reflecting improving margins at all three business units, Natura &Co Latam, Avon International and The Body Shop, as well as a 5.7% drop in corporate expenses.
