Monthly Archives: August 2017

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Oriflame Revenue Up 12% To Euro 348 Million or $410 Million

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Swedish direct sales company Oriflame has reported a Q2 sales increase of 12 percent, a rise which was helped by strong sales in its skin care and wellness categories, its biggest and smallest categories respectively.
CEO Magnus Brännström comments

“We are pleased to report double-digit growth in both Euro and local currency with healthy profitability improvements and a strong financial position.
During the quarter, our strategic priorities continued to serve as important drivers of growth. CIS experienced local currency growth in the quarter, driven by ongoing productivity increases and positive timing.
Asia & Turkey and Latin America were affected by fewer trading days and negative timing of catalogues – the underlying performance remained strong. The positive sales momentum for the Group has continued into the third quarter, in which Oriflame celebrates its 50th anniversary Gold Conference.”
3 months ended 30 June 2017

Local currency sales increased by 11% and Euro sales increased by 12% to €347.6m (€309.6m).
Number of registered actives decreased by 2% to 2.8m.
EBITDA amounted to €47.9m (€40.6m).
Operating margin was 11.7% (9.9%), favourably impacted by 40 bps from currencies, and operating profit was €40.5m (€30.8m).
Net profit was €19.9m (€18.1m) and diluted EPS €0.35 (€0.32), negatively impacted by a one-off translation reserve loss on exchange rate

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doTERRA Expands World Headquarters In The USA To 2,950 Employees

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A world leader in sourcing, testing, manufacturing, and distributing CPTG essential oils, doTERRA is breaking ground on the continued development of its corporate campus in Pleasant Grove, Utah.
This third phase of growth will include the construction of a new medical clinic and office building, as well as an expansion of the company’s manufacturing facility, which together will house 700 additional employees at doTERRA’s Utah headquarters in Pleasant Grove. In addition, doTERRA is building a fulfillment center in Lindon, Utah, which will employ 250 people.
Upon completion of this third phase in 2019, doTERRA will have more than 2,950 employees in Utah and nearly 970,000 square feet of professional office, medical, manufacturing, and fulfillment space, spanning 100 acres.
As part of its expansion plans, doTERRA will more than double the size of its current manufacturing facility, bringing its total square footage from nearly 125,000 square feet to almost 324,000 square feet. Once it is completed in fall 2018, the expansion will offer capacity for an additional 200 employees. The additions to the facility will be built to the highest OTC and TGA standards. Any doTERRA product distilled or sold throughout the world will come through this facility, lending more opportunities for research and

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