By  on February 8, 2018

Coty Inc.’s recent acquisition spree is boosting its sales and profits.

The beauty business posted $109.2 million in net income in fiscal second quarter, up more than 100 percent from the prior-year period because of recent acquisitions. Net sales were up 15 percent to $2.6 billion. Even without the acquisitions of Younique, Burberry and Ghd, Coty’s organic sales were up 2.8 percent in constant-currency, the company said.

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