Oriflame Swiss Holding Ag Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 24, 2021
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Oriflame Swiss Holding AG announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was EUR 245 million compared to EUR 265.8 million a year ago. Operating income was EUR 41.1 million compared to EUR 24.4 million a year ago. Net loss was EUR 43 million compared to EUR 0.3 million a year ago. For the half year, sales was EUR 517.8 million compared to EUR 568.7 million a year ago. Operating income was EUR 73.8 million compared to EUR 31 million a year ago. Net loss was EUR 31.3 million compared to EUR 16.8 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.