Oriflame Holding Ag Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
February 12, 2020
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Oriflame Holding AG announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was EUR 357.234 million compared to EUR 359.324 million a year ago. Operating income was EUR 35.132 million compared to EUR 50.780 million a year ago. Net income was EUR 17.376 million compared to EUR 32.438 million a year ago. For the full year, sales was EUR 1,258.345 million compared to EUR 1,278.752 million a year ago. Operating income was EUR 125.140 million compared to EUR 153.066 million a year ago. Net income was EUR 43.788 million compared to EUR 95.430 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.