Avon Products, a global manufacturer and marketer of beauty and related products, has reported that its net sales decreased 15 per cent to $4,491.1 million in full FY19 that ended on December 31, 2019 compared to $5,247.7 million in prior year. However, net income for the full year reported loss of $1.3 million compared loss of $21.8 million prior year.
Avon Products, a global manufacturer and marketer of beauty and related products, has reported that its net sales decreased 15 per cent to $4,491.1 million in full FY19 that ended on December 31, 2019 compared to $5,247.7 million in prior year. However, net income for the full year reported loss of $1.3 million compared loss of $21.8 million prior year.#
Operating profit fell to $125.6 million (FY18: 235.2 million). Sales general & expenses reduced 12 per cent to $2,627.5 million (FY18: $2,972.1 million).
Avon Products, a global manufacturer and marketer of beauty and related products, has reported that its net sales decreased 15 per cent to $4,491.1 million in full FY19 that ended on December 31, 2019 compared to $5,247.7 million in prior year. However, net income for the full year reported loss of $1.3 million compared loss of $21.8 million prior year.#
Sales of Fashion & Home segment was reported to $1,088.8 million in FY19 compared to $1,317.1 million in prior year. Total Beauty segment sales decreased to $3,337.6 million in FY19 compared from $3,762.2 million in prior year.
Avon Products, a global manufacturer and marketer of beauty and related products, has reported that its net sales decreased 15 per cent to $4,491.1 million in full FY19 that ended on December 31, 2019 compared to $5,247.7 million in prior year. However, net income for the full year reported loss of $1.3 million compared loss of $21.8 million prior year.#
EMEA (Europe, Middle East & Africa) sales in FY19 was $1,794.1 million (FY18: $2,093.8 million). Sales in South Latin America fell to $1,762.7 million (FY18: 2,146.9 million). North Latin America sales reduced to $751.3 million from $809.3 million in prior year. Asia Pacific reported its sales to $436.9 million (FY18: 470.8 million).
Fibre2Fashion News Desk (JL)
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