The Spanish luxury and cosmetics group Puig, owner of the Paco Rabanne and Jean-Paul Gaultier brands, posted an adjusted net profit of nearly EUR 600 million in 2025, driven primarily by sales of its makeup and skincare products.

The company, which went public in 2024 but remains majority-owned by the Puig family, recorded an adjusted net profit of EUR 587 million, up 6.5% from the EUR 551 million generated in 2024, according to its annual results published on Wednesday, February 18.

The cosmetics group’s revenue, meanwhile, exceeded five billion euros in 2025 (reaching 5.04 billion euros), a 5.3% year-on-year increase (4.79 billion euros in 2024).

In a press release, CEO Marc Puig praised the company’s “strong, high-quality performance” in a highly competitive sector, highlighting that 55% of sales were generated in Europe, the Middle East and Africa (EMEA), compared with 35% in the Americas.

(source: Puig - full year results 2025)

Sales growth was mainly driven by the makeup (+10.7%) and skincare (+7.3%) categories. However, these segments account for only a minority of the group’s revenue compared with its fragrance and fashion business, which represents 72% of total sales and recorded a 3.8% increase.

The Catalan beauty house, founded in 1914 in Barcelona by entrepreneur Antonio Puig Castelló, is "well placed to sustain healthy growth and continue to outperform the premium beauty market,” stated Marc Puig.

Puig, which owns brands including Paco Rabanne, Nina Ricci, Charlotte Tilbury, and Jean-Paul Gaultier, sells its products in more than 150 countries and has offices in 33 of them.