Revlon Posts Strong 4Q And 2015 Sales Growth On Constant Currency Basis

Revlon reported net sales grew 4.2 percent to $521.9 million in the fourth quarter of 2015, according to company CEO Lorenzo Delpani. Speaking during the company’s latest earnings call, Delpani said net sales for the full year declined 1.4 percent to $1.91 billion, but grew 4.9 percent on a constant currency basis. Adjusted EBITDA for the quarter grew 16.4 percent to $125.6 million and 3.4 percent to $377.5 million for the full year. Net income was $24.8 million for the quarter and $56.1 million for the whole of 2015.