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BRIEF-Coty qtrly loss per share $‍0.03​
November 9, 2017 / 12:24 PM / in a month

BRIEF-Coty qtrly loss per share $‍0.03​

Nov 9 (Reuters) - Coty Inc:

* Coty Inc. Reports first quarter fiscal 2018 results

* Coty Inc - qtrly loss per share $‍0.03​

* Qtrly adjusted earnings per share $0.10 ‍​

* Coty Inc qtrly ‍net revenues of $2,238.3 million increased 5% for combined company at constant currency​

* Coty - ‍excluding positive contribution from deals of GHD and Younique, combined company organic net revenues declined 2% on a constant currency basis​

* Coty - ‍“saw strong growth in luxury, continued positive momentum in professional and a reduced net revenue decline in consumer beauty division” in quarter​

* Q1 earnings per share view $0.07, revenue view $2.24 billion -- Thomson Reuters I/B/E/S

* Coty Inc - ‍as of Sept 1, have exited third and final TSA with P&G for Almea region and now have control of processes, systems and data across new Coty​

* Coty - ‍looking ahead to remainder of fiscal 2018 expect to continue to deliver on announced synergies, finalize streamlining of brand portfolio​

* Coty Inc- ‍looking ahead to remainder of fiscal 2018, also expect to relaunch several key brands​

* Coty - ‍negative free cash flow of $120.3 million was impacted by acquisition & restructuring costs, and declined from $101.8 million for legacy-coty in quarter Source text for Eikon: Further company coverage:

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