Oriflame Swiss Holding AG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 23, 2023
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Oriflame Swiss Holding AG reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 161.7 million compared to EUR 219.98 million a year ago. Net loss was EUR 54.2 million compared to net income of EUR 5.15 million a year ago.
For the nine months, sales was EUR 551.87 million compared to EUR 660.99 million a year ago. Net loss was EUR 62.24 million compared to net income of EUR 31.09 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.