Coty CEO Sue Nabi and CFO Laurent Mercier share the company’s financial progress and growth strategy at the CAGNY 2025 Conference, highlighting plans to expand global beauty market leadership.Coty
Coty presented at the 2025 Consumer Analyst Group of New York Conference (CAGNY) where Sue Nabi, CEO and Laurent Mercier, CFO, provided updates on Coty’s financial and strategic progress, category leadership, and plans to expand its position in the global beauty market.
Coty has outperformed the beauty market in 9 of the last 14 quarters, driven by its leadership in fragrances, which represent over 60% of sales and a significant portion of profit. The company plans to capitalize on growth opportunities in fragrances, new geographic markets, and adjacencies, while strengthening its multi category beauty portfolio in cosmetics, body care, and skin care.
Financial highlights include adjusted gross margin expansion of over 400 basis points and adjusted EBITDA margin growth of 130 basis points to 17.8% over the past four fiscal years. Coty exited CY24 with leverage below 3x for the first time in over eight years and targets further margin improvements, double-digit adjusted EPS growth, and leverage reduction to 2x by CY26.
Sue Nabi, Coty’s CEO, said, “The beauty market has evolved considerably since we first unveiled our strategy over three years ago. We see significant growth opportunities for our core brands in the coming years, particularly in the fragrance category, where structural tailwinds are supporting category growth. Our fragrance portfolio delivered outperformance at all price points in the first half of this year, driven by strong momentum across iconic brands including Hugo Boss, Burberry, Chloe and Marc Jacobs.”
Nabi concludes, “With 2025 emerging as a key year for the sector, we are confident in our ability to fuel Coty’s outperformance of the global beauty market and deliver long-term growth, leveraging our multi-category beauty expertise, track record of innovation and IP utilization, and diversified portfolio of brands across the price spectrum.”