Oriflame Holding Ag Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 29, 2019 at 05:36 am EST
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Oriflame Holding AG announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was EUR 288.906 million compared to EUR 279.441 million a year ago. Operating income was EUR 26.909 million compared to EUR 29.397 million a year ago. Net loss was EUR 14.322 million compared to net income of EUR 17.463 million a year ago. For the nine months, sales was EUR 901.111 million compared to EUR 919.429 million a year ago. Operating income was EUR 90.008 million compared to EUR 102.287 million a year ago. Net income was EUR 26.412 million compared to EUR 62.992 million a year ago.
Oriflame Holding AG is a Switzerland-based developer, producer and marketer of beauty products. The Company's product portfolio includes skin care products, such as day and night creams, lip care, face treatments and serums and sun protectors, as well as facial brushes, sponges and mirrors; color cosmetics, such as lipstick, brushes, nail polish, eye make-up, eye make-up remover and powder; fragrances, including deodorants and perfume; personal and hair care products, such as shampoo, styling products, shower gel and oral care products; accessories, including bags, gloves, hats, sunglasses, watches, rings, necklaces, bracelets and scarves, and wellness products, such as soups, shakes and nutrition products.