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LR Health & Beauty SE achieves significant sales growth in the final quarter of 2024 and meets the sales and earnings forecast for the full year 2024
8.0% increase in sales in Q4 2024 to EUR 76.5 million, confirming growth trend
Full-year sales at EUR $300 million, up 4.6% y-o-y
EBITDA reported of EUR 8.3 million in Q4 2024 and EUR 27.3 million in FY 2024 due to one-off charges
Realignment of career plan and successful product launches such as LR ZEITGARD Signature provide positive momentum in 2024 and beyond
LR Health & Beauty SE, Europe’s leading digital social commerce company in the area of high-quality nutritional supplements and cosmetic products, today publishes its figures for the fourth quarter of 2024 as well as preliminary sales and earnings figures for the full year 2024.
LR Health & Beauty SE closed the 2024 financial year with significant sales growth in the fourth quarter, confirming the growth trend of the third quarter. In the fourth quarter of 2024, LR achieved sales (revenue from goods sold) of EUR 76.5 million (Q4 2023: EUR 70.9 million), representing growth of 8.0%.
For the full year 2024, LR Health & Beauty SE reports sales of EUR 289.2 million, compared to EUR 276.5 million in the previous
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Over 1,000 Brand Partners gathered to celebrate the historic strategic merger of Neora with ACN Korea at the ASTRA event in Seoul, Korea. This marks a monumental step in Neora’s ambitious expansion throughout the Asia-Pacific region, including an upcoming e-commerce launch in China. “This is the moment when two companies meet to create new history,” Korea General Manager Helen Kim shared.
Neora Founder & CEO Jeff Olson attended the event and shared his commitment to the market.
“This is the integration of two companies with extensive experience in their respective industries, coming together to create a more powerful business platform,”
he said.
“Neora and ACN have a combined 46 years of experience and have accumulated more than 24 years of experience in Korea alone.
This is a new beginning, but it is even more meaningful because we are not starting from scratch but rather growing on a solid foundation.”
More Offerings Leads to More Opportunities
Under this new combined umbrella Neora Korea will offer the most comprehensive platform in direct selling by combining leading-edge, anti-aging skincare and wellness products with essential life services. This dual offering makes Neora the first and only company worldwide to provide such a diverse and market-leading range.
Neora’s integrated,
