BOSS BOTTLED UNITED EXPERIENCE Pitch
FY21 IS THE BASELINE FOR COTY'S SALES & PROFIT ACCELERATION
NET REVENUE AND EBITDA MARGINS
Confirming near term targets:
■
On track to end FY21 with net
revenues of $4.5-4.6B
Confirming FY21 adjusted EBITDA
target of ~$750M, reflecting
over 300bps of margin
improvement from FY19 through
strong profit protection efforts
Committed to exiting calendar
2021 with a leverage ratio
moving towards 5x
COTY
SINCE 1904
$6.3B
~$0.3B
~$0.3B
~16-17%
Adj EBITDA
Margin
~$4.5-4.6B
~$0.1B
■Prestige Cosmetics
~$1.2B
~$0.3B
~$0.6B
■Total Skincare
~$1.2B
Mass Bodycare &
Fragrances
13.3%
Adj EBITDA
Margin
Net M&A
Mass Cosmetics
~$2.2B
Prestige Fragrances
Low Quality COVID Impact
on Core
FY21 Estimated
Remainco Coty
(FY19-FY21)
Business
FY19
Remainco (Exit Younique, Sales Reduction
Add Kylie)
Coty
(FY19-FY21)
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