Puig Brands, S.A. (OTCPK:PUGBY) Q3 2025 Earnings Call October 30, 2025 1:15 AM EDT

Company Participants

Marc Puig Guasch – Chairman & CEO
Joan Ramis – Chief Financial Officer

Conference Call Participants

Patrick Folan – Barclays Bank PLC, Research Division
Mariano Szachtman – Banco Santander, S.A., Research Division
Aron Adamski – Goldman Sachs Group, Inc., Research Division
Joffrey Meller – BofA Securities, Research Division
Jeff Stent – BNP Paribas, Research Division
Thomas Randall – Jefferies LLC, Research Division
Celine Pannuti – JPMorgan Chase & Co, Research Division
José Rito – Banco BPI, S.A., Research Division
Fernando Abril-Martorell – Alantra Equities Sociedad de Valores, S.A., Research Division
Luis Colaco – JB Capital Markets, Sociedad de Valores, S.A., Research Division

Presentation

Unknown Executive

Good evening and thank you for joining us as we discuss our sales update for the third quarter of the fiscal year 2025 that ended on September 30, 2025. Today, we are joined by our Chairman and CEO, Marc Puig; and our CFO, Joan Albiol. Marc will share some brief remarks, and then we will open up the line for Q&A.

You will find this presentation and the press release on our website, and you will also be able to access a replay of this recording on our website after the event.

Marc Puig Guasch
Chairman & CEO

Good evening, everyone. It is good to speak to you all for our third quarter update for the fiscal year 2025. We are pleased to report that Puig has delivered another strong quarter, demonstrating the consistent execution and resilience of our brand portfolio in a dynamic market. These results reflect our consistent delivery, which we set out to achieve at the start of the year.

Let’s turn to the details of the update. We have delivered a strong performance for the first 9 months of 2025, which has resulted in net

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