Puig Brands, S.A. (PUGBY) Q2 2026 Earnings Call Transcript

SA Transcripts 161.36K Followers Follow Puig Brands, S.A. ( PUGBY ) Q2 2026 Earnings Call July 30, 2026 12:15 PM EDT Company Participants Varenya Vadlamani Jose Manuel Muniesa - CEO & Director Miquel Serra - Chief Financial Officer Conference Call Participants Molly Wylenzek - Jefferies LLC, Research Division Celine Pannuti - JPMorgan Chase & Co, Research Division Jeff Stent - BNP Paribas, Research Division Aron Adamski - Goldman Sachs Group, Inc., Research Division Presentation Varenya Vadlamani Good evening, and thank you for joining us as we discuss our results for the first half of 2026 that ended on the 30th of June. Today, we have with us our Chief Executive Officer, Jose Manuel Muniesa; and our Chief Financial Officer, Miquel Angel Serra. They will share some brief remarks on the performance, financial results and outlook. We will then open up the line for Q&A. You will find this presentation, the press release and other supporting regulatory documents on our website, where you will also be able to access a replay of this recording shortly after the call concludes. Jose Manuel, the floor is yours. Jose Manuel Muniesa CEO & Director Thank you, Varenya, and good evening, everyone. It is a pleasure to be with you today and to discuss our latest results. We are pleased to report a strong first half of 2026. Once again, we outperformed the premium beauty market, gaining market share across categories and geographies and further strengthened the foundation of our business. Particularly after the recent dynamic months, we have greater confidence than ever in our stand-alone story. We remain laser focused on delivering our strategic priorities. And we look forward to sharing more about our strategy at our Capital Markets Day on October 28. In the first half of 2026, Puig delivered record of net revenues of EUR 2.35 billion, representing a strong like-for-like growth of 4.4%, continuing