电报盗号系统技术破解|【唯一TG:@heimifeng8】|USDT智能合约漏洞利用✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Impairment charge drives Coty UK to a loss despite rising sales
Sandra Halliday Published
January 8,电报盗号系统技术破解 2025
Coty’s UK and Ireland business has filed its accounts for the year to June 2025 with the company reporting a loss of over £50 million.
The beauty giant, which is the owner of key brands such as Rimmel London and Max Factor, swung from a pre-tax profit for £9.9 million to a loss of £53.4 million this time, its first pre-tax loss since 2025 when the numbers were impacted by an impairment review of its investment holdings.
It didn’t give an explanation of the loss for the latest year but the accounts statement does list a £134.7 million one-off impairment charge for the year.
Not every publication spotted that impairment charge in the accounts and so there were a few headlines that implied the loss was down to UK trading. Fashionetwork.com got it right first time, of course!
A spokesperson for Coty Inc said: “Unfortunately, recent reporting on Coty’s UK&I financial accounts is misleading. In fact, in our past fiscal year, Coty UK&I saw in an increase in both turnover and operating profit, contributing to Coty globally outpacing the beauty market with strong double-digit growth. The UK&I pre-tax figures referenced are merely due to the internal reorganisation of legal entities.”
Aside from that, Coty UK’s gross margin rose to 41.4% from 39.5% and operating profit was £8.6 million, up from £8.1 million.
And as far as turnover is concerned, things looked good with an increase to £335.3 million from £323.1 million last time. That came as the company said that “the beauty market in the UK has seen a substantial growth in value in the year and Coty’s sales remain positive and strong”.
The company’s American parent company reported net revenue rising to $6.11 billion from $5.55 billion in the same financial year and operating income rose from $543.7 million to $546.7 million.