Natura &Co Holding S.A. (NTCOY) Q4 2025 Earnings Call Transcript

SA Transcripts159.01K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Natura &Co Holding S.A. (NTCOY) Q4 2025 Earnings Call March 17, 2026 8:00 AM EDT Company Participants João Paulo Brotto Ferreira - CEO of Latin America, Member of Executive Board & DirectorSilvia Lopes Vilas Magalhaes - CFO, IR Officer & Member of Executive Board Conference Call Participants Danniela Eiger - XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A., Research DivisionJoseph Giordano - JPMorgan Chase & Co, Research DivisionRodrigo Gastim - Itaú Corretora de Valores S.A., Research DivisionAlexandre Namioka - Morgan Stanley, Research DivisionJoao Pedro Soares - Citigroup Inc., Research DivisionIrma Sgarz - Goldman Sachs Group, Inc., Research Division Presentation Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to Natura's Q4 2025 earnings call. [Operator Instructions] Joining us today are Joao Paulo Ferreira, CEO; and Ms.

Silvia Vilas Boas, CFO of the Natura Group. The slide deck for today's call has been posted to our IR website. I will now turn the conference over to Mr.

Joao Paulo Ferreira. João Paulo Brotto FerreiraCEO of Latin America, Member of Executive Board & Director Good morning, everyone. And thank you for joining us today. I'd like to start by highlighting that 2025 was a watershed year for the company as we finally wrapped up the corporate simplification cycle we kicked off back in 2022 and led by Fabio Barbosa. Over the past year, we closed the divestiture of Avon International, Avon CARD and Avon Russia. We also streamlined our holding structure by finalizing the reverse merger, which allowed us to trade once again under the -- our original ticker, NATU3. On the operational side, we finished the Wave 2 integration in our 2 remaining markets, which are Mexico and Argentina. As a consequence, the company is back to basics, with a laser focus on our core Latin American operations.