Coty, one of the largest beauty companies globally, is considering listing on the Paris Stock Exchange. If the listing goes ahead, the company will become dual-listed with the New York Stock Exchange and Paris Stock Exchange.
Coty has a significant presence in Europe, with its 100+ year heritage in France and a substantial business footprint in the region. Coty has achieved progress towards its strategic objectives under the leadership of CEO Sue Y. Nabi, with 10 consecutive quarters of strong growth and the return of the company’s heritage consumer beauty brands to growth.
Coty’s market capitalization has quadrupled since Nabi’s appointment in September 2020. The company has also extended its partnership with Nabi through 2030.
Coty will report its fiscal 2023 Q3 earnings on Tuesday, May 9th.