Oriflame quarterly sales soar
Swedish direct seller Oriflame has reported a 20.7% increase in sales for the period 1 January – 31 March 2008, to reach Euro324.2m. Local currency sales rose 26.5%.
Swedish direct seller Oriflame has reported a 20.7% increase in sales for the period 1 January – 31 March 2008, to reach Euro324.2m. Local currency sales rose 26.5%.
According to the company the average size of its sales force also grew by 25% to 2,610,600 consultants, with its closing sales force up by 24%.
EBITDA increased by 23% to Euro57.2m and net profit before restructuring costs reached Euro37.9m an increase of 22%.