PM-International AG, a Schengen, Germany-based direct seller of wellness and cosmetics products, has reported $632 million in annual sales for 2017, a 37 percent increase over 2016 sales.
Rolf Sorg, the founder and CEO of the company, announced the results to the more than 3,300 sales partners present at this year’s kick-off event. “My greatest respect to all of you,” he told attendees. “Unstoppable 2017—we really lived up to this motto last year!”
In 2017, PM-International opened its third warehouse in Speyer as well as two laboratories for competence pooling in collaboration with the Luxembourg Institute of Technology (LIST). It entered into the India market. Its FitLine product line was launched in Thailand, and additional product launches included the Munogen and the D-Drink, which had more than 60,000 sold units in the first week. PM also was awarded the first bio-innovation prize in cooperation with LIST.
This year the company will celebrate its 25th anniversary. With a conservative estimate of potential premium customers, Sorg says he expects a current market potential of more than US$1.2 billion, and even more than US$36 billion worldwide.
PM-International sells its products in more than 35 countries worldwide.