Puig unveils strong half-year results and a new deputy CEO.

Listed on the stock exchange since May 2024, the Spanish perfume and beauty specialist has announced both excellent results for the first half of 2025 and the appointment of a deputy CEO, José Manuel Albesa, a loyal executive who has been with the group for over 27 years.

 

Puig continues to go from strength to strength.

 

The Catalan perfume and beauty specialist announced both strong half-year results and the appointment of a deputy CEO, José Manuel Albesa, a position created from scratch.

 

Soaring profits

 

The group reported a 78.8% increase in net profit to €275 million for the first half of 2025. Puig attributes this surge in part to a scope effect: its IPO in May 2024 resulted in exceptional costs, estimated at €119.7 million, related in particular to extraordinary bonuses paid to its employees on that occasion.

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Read also > Puig gets off to a good start in 2025

 

Featured photo: © Puig

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Victor Gosselin
Victor Gosselin is a journalist specializing in luxury, HR, tech, retail, and editorial consulting. A graduate of EIML Paris, he has been working in the luxury industry for 13 years. Fond of fashion, Asia, history, and long format, this ex-Welcome To The Jungle and Time To Disrupt likes to analyze the news from a sociological and cultural angle.

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