Translation: Conference Call Transcription - 2Q07


Atualizado em 2007-09-04T11:22:44
All the dates of this page are presented in official timezone of Brasilia - Brazil.

File Text

Local Conference Call

                 NATURA Nac.

                 2Q07 Results

                July 27, 2007

         Question and Answer Session

Operator: We will now begin the  question
and answer session. If you want to make a
question press star (*) followed  by  one
(1). To withdraw your question  from  the
waiting list, press star (*) followed  by
two (2). Our first  question  comes  from
Daniela Bretthauer of Goldman Sachs.

Daniela    Bretthauer:    Good    morning
everyone. Alessandro, could  you  talk  a
bit more about the CNO (Natura Consultant
Supervisor) Project, for  instance,  will
it start all over Brazil, in some regions
only, how will it work exactly?  I  would
be very glad if you could  give  us  more
details about this Program.

Alessandro Carlucci:  Hi  Daniela,  well,
perhaps I  will  extend  myself  on  your
question so that everyone understands it.
The  CNO   Program   is   basically   the
inclusion of an  extra  level,  only  one
extra level, between our sales  promoters
and our consultants, who  is  the  Natura
Consultant Supervisor, with  the  purpose
of keeping a closer relationship with our
consultants. Each promoter  nowadays  has
an average of 600/650 consultants,  which
makes  it  harder  to   keep   a   closer
relationship,  or  provide  any  help  in
their development. So, what we are  doing
is creating  this  position,  the  Natura
Consultant Supervisor who, in addition to
being  a  consultant,  also  plays  other
roles,  and  this  is  what  we  will  be
doing... This is a project  developed  in
the mid-western region under testing  for
Atualizado em 2007-09-04T11:22:44
All the dates of this page are presented in official timezone of Brasilia - Brazil.