Puig targets 8B euros in revenue by 2032
Spanish beauty group Puig aims to exceed 8 billion euros in annual revenue by 2032 through organic growth and acquisitions. The company also projects adjusted EBITDA above 1.8 billion euros and plans to maintain a steady dividend payout ratio.
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PUIG BRANDS SA-B targets more than €8 billion in annual revenue by 2032, driven primarily by organic growth across its beauty portfolio. The strategic roadmap follows Wednesday's debut Capital Markets Day presentation in Spain. The expansion targets come as the company pursues luxury fragrance acquisitions, people familiar with the matter said.
