So as we enter 2024, we have strong pipelines and a growing order book. We expect the momentum to continue. Even though, as we just talked about, we see pockets of economic weakness in some of our regional end markets. We also entered the year with a number of productivity and cost reduction efforts well underway, mid-flight, so to speak. And they will keep adding to the bottom line throughout 24 and into 25.

Feb 9, 2024 / receipt, needs a key / Mr. Tanda, CEO | earnings call 2024-02-09 | transcript ca319fab-9ebf-40e4-94e7-2eaa7a6f6ba6 | chars 32711-33123 | segment 32

Beauty and home achieved strong growth in Europe, especially in prestige fragrance, fueled in part by Western travel retail.

Oct 28, 2022 / receipt, needs a key / Stephane, CEO | earnings call 2022-10-28 | transcript 909cb7c2-331d-4be9-814a-886ad651ee97 | chars 2160-2284 | segment 2

So the things that are In a classical downturn, you will see downtrading, and we talked about this early in the call, especially in the food area to more club stores, to maybe less premium format that will impact us a little bit. If Mastiche fragrances are more impacted, if people travel a lot less, you will see an impact on beauty. No question about it, but it will be a muted impact.

Jul 29, 2022 / receipt, needs a key / Angel Castillo, other | earnings call 2022-07-29 | transcript c8d7ddf6-91f9-4193-b8ac-9232e9f74928 | chars 46088-46475 | segment 47

On the other hand, we see that the map picture brightening, the reopening, as you mentioned, we expect travel to resume at least between Europe and the U.S.

Feb 18, 2022 / receipt, needs a key / Stephan, CEO | earnings call 2022-02-18 | transcript cf1a990f-0eb4-4efd-a401-8570849e9610 | chars 25494-25650 | segment 25

As certain economies begin to reopen, we expect the recovery in our beauty, beverage, and prescription pharma business to gradually progress. However, this recovery is likely to occur at the measured pace given the uncertainties around the COVID-19 variant and very limited intercontinental and inter-Asian travel.

Jul 30, 2021 / receipt, needs a key / Stefan Tanda, CEO | earnings call 2021-07-30 | transcript b622fe1d-6ed6-4589-990f-e7ecb76a95d2 | chars 15912-16226 | segment 16

Now, the uncertainty that we all have is the variants and worries will or will not do to the opening up of international travel. Clearly, we are... behind to where I personally thought we were a quarter ago in terms of international travel. Americans can travel to Europe, but the Europeans cannot travel to the East. And you would think that's the basics, let alone Asians travel outside of the region or even within the region. And clearly the Chinese consumer is going to be bottled up in China for at least another year. That means a lot of that spending is being redirected to domestic spending. And while we do as much as we can to grow our footprint in China, our share of a consumer basket for the domestic purchase on Hainan Island, for example, where Chinese travelers go now, is lower than our share of the basket that they spend in downtown London or New York or Paris. So the pace of reopening of international travel is a big uncertainty for us, and that's why we are optimistic, but with some caution on the pace of opening up of intercontinental travel, and especially where the Chinese consumer spends their discretionary spending And that was going to temper my comments.

Jul 30, 2021 / receipt, needs a key / Stefan, CEO | earnings call 2021-07-30 | transcript b622fe1d-6ed6-4589-990f-e7ecb76a95d2 | chars 29682-30871 | segment 30

Most of our travel restrictions and the limitations on the number of visitors to our facilities remain firmly in place.

Oct 30, 2020 / receipt, needs a key / Stephan Tanda, CEO | earnings call 2020-10-30 | transcript bebae410-0f86-4ec5-8cf0-8a7bee9516fa | chars 2547-2666 | segment 2

Looking at sales growth by market on a core basis, core sales to the beauty market decreased 21% due to a significant reduction in orders from customers selling both Prestige and Mastige beauty products, mainly in the travel retail and standard retail settings.

Oct 30, 2020 / receipt, needs a key / Stefan, CEO | earnings call 2020-10-30 | transcript bebae410-0f86-4ec5-8cf0-8a7bee9516fa | chars 12554-12815 | segment 12

Core sales to the beverage market decreased 22% as sales of our single-serve bottled water and on-the-go functional drink products continued to be negatively impacted with consumers traveling less during the COVID-19 pandemic.

Oct 30, 2020 / receipt, needs a key / Stefan, CEO | earnings call 2020-10-30 | transcript bebae410-0f86-4ec5-8cf0-8a7bee9516fa | chars 13517-13743 | segment 13

We have operating overhead costs that we must absorb while we are reducing some labor, travel, and other costs.

Jul 31, 2020 / receipt, needs a key / Stephan Tanda, CEO | earnings call 2020-07-31 | transcript 93c43fb1-a8a1-442c-bd78-6b3b5b0f6c9f | chars 6315-6426 | segment 6

Travel guidelines have eliminated all business travel and reduced all non-essential spending.

May 1, 2020 / receipt, needs a key / Bob, CFO | earnings call 2020-05-01 | transcript ffb7e73b-5029-4308-9904-dedfa7e7a9b8 | chars 13391-13484 | segment 13

“Board”) appointed Daniel Ackerman as the Company’s Senior Vice President, Interim Chief Accounting Officer, effective as of the Separation Date.

filing / Sep 10, 2026 / receipt

In this role, Mr. Ackerman will serve as the Company’s principal accounting officer and will report to Vanessa Kanu, Executive Vice President and Chief Financial Officer.

filing / Sep 10, 2026 / receipt