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Coty Says Revenue Was Flat In 1Q Of FY 2015

November 6, 2014: 12:00 AM EST
Coty reported net revenue rose 1 percent like-for-like to$1.182 billion for the first quarter of fiscal year 2015 ending September 30, 2014. Its adjusted operating income, however, fell to $167.1 million from the previous year's $186.1 million. Net income dropped from $93.5 million in the same period of the previous year to the current $10.6 million. Adjusted net income also declined from $108.3 million to $103 million. Net cash from operations was $26.2 million, significantly lower than the $101.2 million in the previous-year period.
"Coty Inc. Reports First Quarter Fiscal 2015 Results", Coty, November 06, 2014, © Coty Inc.
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