Investor Presentaiton
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Africa, USA & Middle East continued double-digit sales growth momentum
Continued momentum; double-digit sales growth of 13% (constant currency)
EBITDA margins at 9.2%; contracted by 270 bps year-on-year. Quality of profits improving. In line with our strategy to drive category development,
significant increase in working media investment (increased 140 bps; ~54% growth) across Dry Hair and FMCG.
Dry Hair category (that comprises more than half of the business) and FMCG category both grew in double digits
Strong sales growth momentum continues in Southern Africa and West Africa
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