Puig Targets Annual Net Sales Above EUR 8 Billion by 2032

By Public Technologies
  • Puig targets annual net sales above EUR 8 billion in 2032, primarily through organic growth, versus EUR 5.04 billion in 2025.
  • Adjusted EBITDA margin is forecast to exceed 22.5%, up from 20.7% in 2025, implying adjusted EBITDA above EUR 1.8 billion.
  • Free cash flow is expected to exceed EUR 900 million, with conversion above 50% of adjusted EBITDA.
  • Platform consolidation and integration synergies are projected to generate approximately EUR 80 million in value over the next three years.
  • The dividend payout target remains 40% of net income, with year-end net debt capped at 2 times adjusted EBITDA.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Puig Brands SA published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.