Natura Cosméticos S.A. announced consolidated earnings results for the second quarter and six months ended June 2017. For the quarter, the company reported net income reached BRL 163.5 million, up 75.8% when compared to the same period of last year, and the generation of cash free, which was quite strong, reached BRL 225.5 million, as opposed BRL 96.3 million last year. This number was driven mainly by a more efficient management of inventory, receivables and accounts payable. The consolidated EBITDA in the quarter was BRL 298.6 million, down 13% when compared to the second quarter of last year. However, this result suffered an impact of costs of BRL 35.6 million, which referred to the acquisition of the Body Shop. Without those costs, the consolidated EBITDA would sit at BRL 334 million; in other words, 3% below the numbers recorded in the same period of last year. The consolidated gross revenue dropped by 0.5% in the second quarter, mainly driven by a drop of 2% in sales in Brazil and by the foreign exchange conversion of international results. Year-to-date the company invested BRL 95 million, which maintain a strong control on selecting and managing projects.