Slide 1: 1Q26 Results
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Slide 2: Disclaimer
Disclaimer IMPORTANT NOTICE This presentations is being furnished to you solely for your information and may not be reproduced or redistributed to any other person. This presentation might contain certain forward-looking statements that reflect the Company’s management current views with respect to
Slide 3: Agenda
Agenda 1Q26 Results 1Q26 Sales Outlook & Overview Performance Guidance 3
Slide 4: 1Q26 Results Overview
1Q26 Results Overview €m 1Q26 1Q25 % vs 1Q25 Rep FX c FX Revenues 227.5 250.8 (9.3%) (6.3%) Adj. EBITDA 25.0 29.3 (14.5%) Adj. EBITDA % 11.0% 11.7% (66Bps) Net Debt 119.7 126.9 Net Debt/Adj. EBITDA 0.79x 0.84x • 1Q26 Net Sales amounted to €227.5 million, in line with expectations, and declining vers
Slide 5: Sales Performance – Revenues by BU
1Q26 Sales Performance – Revenues by BU 1Q26 FY25 1Q25 Hair & Body Hair & Body Hair & Body 21,4% 22,1% 23,1% Skincare 12,9% 65,7% 15,4% 62,6% 14,1% 62,8% Skincare Make Up Skincare Make Up Make Up €m 1Q26 1Q25 % vs 1Q25 Revenues 227.5 250.8 (9%) Make Up 149.4 157.5 (5%) Skincare 29.4 35.4 (17%) Hair
Slide 6: Sales Performance – Revenues by Region
1Q26 Sales Performance – Revenues by Region 1Q26 FY25 1Q25 Asia Asia Asia 19,8% 21,5% 20,4% 51,6% EMEA 50,8% EMEA 51,2% EMEA 28,5% 27,7% 28,4% Americas Americas Americas €m 1Q26 1Q25 % vs 1Q25 Revenues 227.5 250.8 (9%) EMEA 117.5 128.4 (9%) Americas 64.9 71.1 (9%) Asia 45.1 51.2 (12%) • EMEA reporte
Slide 7: Sales Performance – Revenues by Customer Type
1Q26 Sales Performance – Revenues by Customer Type 1Q26 FY25 1Q25 Retailers Retailers Retailers 5,2% 6,8% 6,3% 49,6% Multinationals 48,8% Multinationals 51,8% Multinationals Emerging Brands 45,2% 44,5% Emerging Brands 41,9% Emerging Brands €m 1Q26 1Q25 % vs 1Q25 Revenues 227.5 250.8 (9%) Multination
Slide 8: Outlook & Guidance
Outlook & Guidance Topic Update In a complex global environment, we remain optimistic about a progressive recovery of the Beauty market, which we expect to grow in FY26 in the range of +4% to +5%. As a fact, in the first three months of the year, the Beauty market continued to show early signs of re
Slide 9: Definitions
Definitions For the purpose of providing information in line with the performance analysis and control parameters of the Group, non-IFRS alternative performance measures are used by management to provide information for a better assessment of the results of operations and the financial position of t