Puig Opens First Capital Markets Day With Marc Puig as Executive Chairman

Puig Brands held its first Capital Markets Day on October 28, 2026, with Executive Chairman Marc Puig Guasch and CEO Jose Manuel Muniesa presenting, according to a Seeking Alpha transcript of the event. The Spanish premium beauty group, listed on the Madrid Stock Exchange, operates fragrance, makeup, skincare and fashion brands including Charlotte Tilbury, Carolina Herrera, Rabanne, Jean Paul Gaultier and Byredo.

Marc Puig Opens The Museo Del Prado Event

Marc Puig Guasch opened the presentation by expressing concern over a train accident in Spain that morning. "On behalf of everyone at Puig, our thoughts are with all of these affected and their families, and we also express our gratitude to the emergency services and everyone helping at the scene," he said.

The event was held at the Museo del Prado, which Marc Puig described as a fitting location for the company's first Capital Markets Day. He noted that after 22 years as CEO, he announced earlier this year his new chapter continuing as Executive Chairman. As a member of the founding family, he said he has always seen his role as both a responsibility and a stewardship.

Marc Puig said the goal of the day was to give attendees a view of who Puig is and what it has built. Jose Manuel Muniesa, the CEO, and Miquel Serra, the Chief Financial Officer, were listed among the company participants, alongside Varenya Vadlamani, Head of Investor Relations, and Javierr Kutschruetter, President of Global Markets and COO.

Puig's Revenue And Margin Base

Puig reported FY 2025 net revenue of €5,042 million with like-for-like growth of 7.8%, at the top end of its 6-8% guidance range, according to akta.pro company records. Reported growth was 5.3%. Adjusted EBITDA for FY 2025 was €1,045 million at a 20.7% margin, up from 20.2% in FY 2024.

First-quarter 2026 net revenue was €1,215 million with 4.7% like-for-like growth, the eighth consecutive quarter of growth since the company's IPO. Reported growth was 0.8% due to a €48 million currency headwind.

Leadership Changes Before The Capital Markets Day

Puig separated its Chairman and CEO roles in March 2026, appointing Jose Manuel Albesa as CEO while Marc Puig continued as Executive Chairman focused on M&A strategy, according to the same records. Miquel Angel Serra was appointed CFO, succeeding Joan Albiol.

In May 2026, Puig terminated merger discussions with Estée Lauder Companies that would have created a roughly $40 billion combined premium beauty leader, citing disagreement on price, governance and Charlotte Tilbury's change-of-control clause estimated at €900 million.

What To Watch Next

Puig's third-quarter results, reported on October 21, 2026, showed net revenue of €1.39 billion, up 5.6% like-for-like, with the company holding its 2026 guidance, according to Reuters.