Second wave

Another quarter of improved margins driving turnaround on profitability at Natura &Co

Retrieved on: 
Tuesday, March 12, 2024

SÃO PAULO, March 12, 2024 /PRNewswire/ -- Natura &Co's (B3:NTCO3) 2023 financial results, released today, reflect the benefits of a strategy defined and implemented 18 months ago, to prioritize profitability and cash conversion versus revenue growth, integrate the Natura and Avon brands in Latin America, and divest non-core assets to deleverage and simplify its corporate structure.

Key Points: 
  • At the same time, both brands saw improvements in the expense structure while noting the transformational savings recorded at Avon International.
  • Adjusted EBITDA reached BRL 2,7 billion, and adjusted EBITDA margin expanded 310 bps YoY, showing growth versus prior year in every quarter.
  • Recognizing Natura &Co's social achievements, the Company is proud to have reached its goal of providing a living wage for all employees across Natura &Co.
  • Margins and cash remain as priorities in the short term, paving the way for further investments in brands and technology.

Another quarter of improved margins driving turnaround on profitability at Natura &Co

Retrieved on: 
Tuesday, March 12, 2024

SÃO PAULO, March 12, 2024 /PRNewswire/ -- Natura &Co's (B3:NTCO3) 2023 financial results, released today, reflect the benefits of a strategy defined and implemented 18 months ago, to prioritize profitability and cash conversion versus revenue growth, integrate the Natura and Avon brands in Latin America, and divest non-core assets to deleverage and simplify its corporate structure.

Key Points: 
  • At the same time, both brands saw improvements in the expense structure while noting the transformational savings recorded at Avon International.
  • Adjusted EBITDA reached BRL 2,7 billion, and adjusted EBITDA margin expanded 310 bps YoY, showing growth versus prior year in every quarter.
  • Recognizing Natura &Co's social achievements, the Company is proud to have reached its goal of providing a living wage for all employees across Natura &Co.
  • Margins and cash remain as priorities in the short term, paving the way for further investments in brands and technology.

Minister Wilkinson Advances Global Cooperation, Resource Security and Sustainable Mining at World's Premier Mining Convention, PDAC 2024

Retrieved on: 
Thursday, March 7, 2024

TORONTO, March 7, 2024 /CNW/ - Canada is a mining nation, and critical minerals are essential for the global energy transition.

Key Points: 
  • TORONTO, March 7, 2024 /CNW/ - Canada is a mining nation, and critical minerals are essential for the global energy transition.
  • Canada is a global leader in sustainable mineral development and mining innovation.
  • "I look forward to continuing to work with partners, both nationally and globally, in the development of sustainable minerals and green mining.
  • Also announced $5.4 million in funding to the International Institute of Sustainable Development to support their ongoing role as the Secretariat of the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development.

Enterprises Aim to Move Beyond Pilots, Accelerate Consumption of AI in 2024--Everest Group, Yates Ltd.

Retrieved on: 
Thursday, January 18, 2024

DALLAS, Jan. 18, 2024 /PRNewswire-PRWeb/ -- If chief information officers (CIOs) have their way in 2024, expect to see more enterprises making adoption of generative artificial intelligence (gen AI) a strategic priority with an aim to move past small pilots to scaled implementations. This forecast summarizes the sentiments of more than 50 CIOs interviewed by Everest Group in collaboration with Yates Ltd. The survey also revealed that improving the velocity of existing operations is the primary motivation driving enterprise gen AI initiatives.

Key Points: 
  • The survey also revealed that improving the velocity of existing operations is the primary motivation driving enterprise gen AI initiatives.
  • Unquestionably, gen AI hype dominated 2023, but our survey indicates that it is more than a passing trend.
  • Key Findings from the Survey:
    Sixty-one percent (61%) of global enterprises are actively exploring and piloting gen AI and 22% have already deployed gen AI for at least one or more processes.
  • The report also showcases three waves of generative AI adoption levels for enterprises and provides guidance to help enterprises advance in their generative AI adoption journey.

New Year, New Benefits Experience: Lessons From Gen Z on Engaging a Multi-Generational Workforce

Retrieved on: 
Thursday, January 11, 2024

Setting the tone for this new standard of benefits engagement is Generation Z – who, according to MetLife's 21st annual U.S.

Key Points: 
  • Setting the tone for this new standard of benefits engagement is Generation Z – who, according to MetLife's 21st annual U.S.
  • Employee Benefit Trends Study, are more likely to expect a tailored, year-round benefits experience than other employees.
  • Thus, as the workforce evolves, so too must the way employers engage and demonstrate care for their employees,” Madden continued.
  • The employer survey includes 2,840 interviews with benefits decision-makers and influencers at companies with at least two employees.

Beam Therapeutics Highlights Progress Across Base Editing Portfolio and Outlines 2024 Anticipated Milestones

Retrieved on: 
Monday, January 8, 2024

CAMBRIDGE, Mass., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today reported progress across the company’s hematology and genetic disease portfolios and provided updates on anticipated upcoming milestones.

Key Points: 
  • “Our vision is to establish Beam as a sustainable, fully integrated company pioneering a new class of genetic medicines with base editing.
  • Preclinical models suggest base editing could lead to improved HbF induction and lower residual disease-causing hemoglobin S compared to existing gene therapy options.
  • The company is on-track to report initial data on multiple patients from the BEACON trial in the second half of 2024.
  • Beam expects to report an initial clinical dataset for BEAM-201 in the second half of 2024.

Natura &Co: Consistent adjusted EBITDA margin improvement alongside strengthened balance sheet in Q3

Retrieved on: 
Tuesday, November 14, 2023

SÃO PAULO, Nov. 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3)  continued to improve its profit margins in the third quarter, while deleveraging its balance sheet thanks to the proceeds of the sale of Aesop, which closed on August 30th.

Key Points: 
  • Avon International posted broadly stable top line and further margin improvements, reaching high-single-digit adjusted EBITDA margin.
  • Margin benefited from strong gross margin improvement, up 320 bps to 63.7%, benefitting from the continued effects of price increases, richer mix and marketing efforts.
  • Adjusted EBITDA margin was 8%, up 440 bps, driven by gross margin expansion of 490 bps thanks to price increases and product mix.
  • Adjusted EBITDA margin improved again this quarter, growing by 140 basis points to 7.7%, thanks to another quarter of gross margin growth, up 30 bps to 76.6%, combined with strict cost control.

Natura &Co: Consistent adjusted EBITDA margin improvement alongside strengthened balance sheet in Q3

Retrieved on: 
Tuesday, November 14, 2023

SÃO PAULO, Nov. 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3)  continued to improve its profit margins in the third quarter, while deleveraging its balance sheet thanks to the proceeds of the sale of Aesop, which closed on August 30th.

Key Points: 
  • Avon International posted broadly stable top line and further margin improvements, reaching high-single-digit adjusted EBITDA margin.
  • Margin benefited from strong gross margin improvement, up 320 bps to 63.7%, benefitting from the continued effects of price increases, richer mix and marketing efforts.
  • Adjusted EBITDA margin was 8%, up 440 bps, driven by gross margin expansion of 490 bps thanks to price increases and product mix.
  • Adjusted EBITDA margin improved again this quarter, growing by 140 basis points to 7.7%, thanks to another quarter of gross margin growth, up 30 bps to 76.6%, combined with strict cost control.

Only One in Five U.S. Consumers Trust Artificial Intelligence (AI), dunnhumby Study Finds

Retrieved on: 
Thursday, November 2, 2023

Only 20% of American consumers ‘mostly’ or ‘completely’ trust Artificial Intelligence (AI) according to the fifth wave of the dunnhumby Consumer Trends Tracker (CTT) released today.

Key Points: 
  • Only 20% of American consumers ‘mostly’ or ‘completely’ trust Artificial Intelligence (AI) according to the fifth wave of the dunnhumby Consumer Trends Tracker (CTT) released today.
  • The quarterly study – now completing its fifth quarter – found that the level of trust Americans have in AI is largely dependent on age.
  • While younger consumers — under the age of 45 — have a higher level of trust in AI (31% ‘mostly’ or ‘completely’ trust AI), just 8% of those aged 55 and over ‘mostly’ or ‘completely’ trust AI.
  • “The potential of Artificial Intelligence in grocery is tremendous and has been at the foundation of our own data science here at dunnhumby for over 20 years.

WHAT'S THE HOLIDAY HYPE? SHOWCASE RELEASES 2023 TRENDING FAVES LIST: We Know What Gen Z Wants

Retrieved on: 
Thursday, November 2, 2023

Showcase has just unveiled its Trending Holiday Faves List, and this season's lineup is unbelievably awesome!

Key Points: 
  • Showcase has just unveiled its Trending Holiday Faves List, and this season's lineup is unbelievably awesome!
  • While retailers traditionally secure their holiday merchandise in the summer, Showcase is not your typical retailer!
  • Showcase shelves are replenished with new products daily, providing customers with the hottest and newest products faster than other retailers.
  • For some holiday shopping inspo, here is a list of the Showcase Trending Holiday Faves including stocking stuffers.