Oriflame Cosmetics reports 18% rise in local currency sales

25 Oct '05

1 min read

International cosmetic retailer, Oriflame Cosmetics announced three months ended 30 September 2005 Local currency sales increased by 18 percent and Euro sales grew by 20 percent, to €170.9m (€142.4m). Average size of the Sales Force increased by 14 percent, to 1,505,500 Consultants and productivity in local currency increased by 4 percent. Closing Sales Force was up by 13 percent EBITDA increased by 17 percent to €24.3m (€20.8m)

Operating margin amounted to 12.1 percent (12.9 percent) resulting in an operating profit of €20.8m (€18.4m)
Profit after tax increased by 9 percent to €16.0m (€14.7m).

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Oriflame Cosmetics is an international cosmetics company selling direct, with sales in 56 countries. Oriflame offers a complete range of high quality skincare, fragrances and colour cosmetics, marketed through a sales force of independent Sales Consultants. Although the company has grown rapidly it never lost sight of its original business concept - natural Swedish cosmetics, sold from friend to friend.

Oriflame Cosmetics

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