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Coty Posts Slightly Weaker Net Revenues For 1Q Of FY 2018

November 9, 2017: 12:00 AM EST
Coty Inc. reported net revenues of $2.238 billion for the first quarter of fiscal year 2018. Minus the positive revenue impact of the acquired ghd and Younique brands, the company's organic net revenues dropped 2 percent on a constant currency basis. Operating income dropped to $28.7 million, compared with $46.4 million for Legacy-Coty.
"Coty Inc. Reports First Quarter Fiscal 2018 Results ", Coty, November 09, 2017, © Coty Inc.
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