Oriflame Swiss Holding AG Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 20, 2023
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Oriflame Swiss Holding AG reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EUR 181.91 million compared to EUR 211.09 million a year ago. Net loss was EUR 1.22 million compared to net income of EUR 16.09 million a year ago.
For the six months, sales was EUR 390.17 million compared to EUR 441.01 million a year ago. Net loss was EUR 8.04 million compared to net income of EUR 25.94 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.