It sells a range of 600 soaps, shampoos, skin-care lotions and similar products. All of them are
based on about 900 natural ingredients, sourced mostly from farmers in the Amazon
rainforest.
The company promotes itself as an 'ethical' company that works with growers who harvest
their products in an environmentally sensitive way. It also uses biodegradable packaging.
'What makes them different from other companies is their corporate values. They really want
to make the world a better place,' says Mauro Cunha, Chief Investment Officer at Franklin
Templeton Investimentos Brasil.
Results are good. In the first nine months, revenues were up 21 per cent to R$2.7bn
(US$1.3bn). Net income rose 33 per cent to R$344m.