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Published by Global Banking & Finance Review®
Posted on February 18, 2026
2 min read
Last updated: February 18, 2026
Puig’s Financial Performance Overview
By Mireia Merino and Marta Serafinko
GDANSK, Feb 18 (Reuters) – Spanish beauty company Puig posted a 12% rise in full-year net profit on Wednesday to 594 million euros ($703 million), as strong demand in makeup and skincare helped offset negative currency effects and slower growth in fragrances.
Puig, known for its perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier, attributed the net profit increase partly to the absence of IPO-related costs booked in 2024, when net profit stood at 531 million euros. Currency movements had a negative impact of 2.6% last year.
Sales Growth by Segment
Sales at constant currency rose 7.8% to 5.04 billion euros, as fragrance segment demand moderated, though the results remained within its annual guidance range, helped by makeup and skincare demand.
Fragrances and fashion, which account for about 73% of sales, rose 3.8%, while make-up grew 10.7% and skincare 7.3%.
Future Outlook and Dividend Plans
The Barcelona- based firm plans to pay a dividend of 0.42 euros per share for 2025, maintaining its policy of paying out around 40% of reported net profit.
The company expects full-year margins to remain stable in 2026 despite rising costs, and said it is confident like-for-like revenue will continue to grow at a rate ahead of the broader premium beauty market.
($1 = 0.8445 euros)
(Reporting by Mireia Merino and Marta Serafinko in Gdansk, editing by Matt Scuffham)
