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KM Financial Solutions | UPDATE 2-Coty sees revenue improving as turnaround plan takes shape; shares rise
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UPDATE 2-Coty sees revenue improving as turnaround plan takes shape; shares rise

27 Aug UPDATE 2-Coty sees revenue improving as turnaround plan takes shape; shares rise

Posted at 13:02h in News by
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Coty Inc raised its 2019 revenue
forecast on Wednesday, betting on a four-year restructuring plan
that involves a multi-billion dollar write-down of some of its
beauty brands and a simpler organizational structure, sending
its shares up 6%.

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