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Beauty group Puig 2025 profit rises 12% on makeup, skincare demand

By Mireia Merino and Marta Serafinko

GDANSK, Feb 18 (Reuters) - Spanish beauty company Puig PUIGb.MC said on Wednesday its net profit rose 12% to 594 million euros ($703 million) last year, as robust demand across makeup and skincare segments offset currency headwinds.

Puig said that the profit increase partly reflected the absence of IPO-related costs booked in 2024, when its net profit stood at 531 million euros.

($1 = 0.8445 euros)

 (Reporting by Mireia Merino and Marta Serafinko in Gdansk, editing by Matt Scuffham)

 ((Mireia.merino@thomsonreuters.com))

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