Puig (Carolina Herrera, Charlotte Tilbury)

Beauty & cosmetics groups · PUIG.MC

The Japan read

From the company's own filing for H1 2026 (Jan–Jun) · reported 2026-07-30 · the filing

Not disclosedPuig gives no Japan figure. Asia-Pacific, the region that includes Japan, was its fastest-growing: net revenue rose 17.0% to €273.4m (+20.9% like-for-like), 12% of the group, which the company credits to Niche fragrances and Charlotte Tilbury makeup.

Other callouts in the filing

SegmentFragrance and Fashion, 73% of sales, grew 1.9% to €1,716.1m (+3.8% like-for-like), with double-digit growth at Carolina Herrera and in Niche, led by Byredo and Dries Van Noten. Makeup rose 5.8% to €358.8m (+9.1%), led by Charlotte Tilbury; Skincare rose 1.2% to €278.8m.
SegmentFragrance and Fashion operating profit rose to €329.3m from €299.3m (19.2% margin). Makeup fell to €6.5m from €12.1m on a planned rise in advertising behind Charlotte Tilbury, and Skincare fell to €4.2m from €21.0m.
BasisPuig leads with adjusted figures: adjusted EBITDA rose 3.2% to €459.6m (19.5% margin) and adjusted net profit 5.2% to €260.3m. Reported net profit fell 4.4% on one-off deal costs and extraordinary income a year earlier. Operating profit shown is before €10.0m of other operating costs.
OutlookPuig reaffirmed its 2026 outlook: to outperform the premium beauty market like-for-like, with an adjusted EBITDA margin stable on 2025. Currency cut reported revenue by 2.1% and the Middle East situation by about €14m in the half. A Capital Markets Day is set for 28 October.

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.

Show figures in

H1 2026 (Jan–Jun) · Year-to-Date

Reported 2026-07-30

Net revenue€2.4bn+2.4%

Operating profit€0.3bn+2.3%

Net income€0.3bn−4.4%

Puig is the beauty and fashion group behind Carolina Herrera, Rabanne, Jean Paul Gaultier, Dries Van Noten, Charlotte Tilbury, Byredo and Penhaligon's. In January–June 2026 net revenue rose 2.4% to €2.35bn (4.4% like-for-like), operating profit rose 2.3% to €340m and net profit fell 4.4% to €263m on one-off deal costs and a tougher comparison; it gives no Japan figure.