
LR Health & Beauty announced the expansion of its IT landscape with a new near-shore IT hub in Athens. This new hub is part of the company’s larger business strategy that aims to develop and operate most business applications internally and will develop customized solutions for the company’s sales partners.

LR Health & Beauty SE announced its financial results for the first quarter of 2024, reporting revenue of $78.5 million with a normalized EBITDA of $8.4 million. In spite of unfavorable currency effects, the company achieved a 0.8% year-over-year increase in sales.

LR Global Holding GmbH experienced a positive sales trend in the fourth quarter of 2022, continuing the sales growth established in Q3 2022. Sales in the fourth quarter reached $77.1 million, a 3.5% decrease from the company’s record sales in the same quarter of 2021.

LR Group released its 2020 annual report, indicating a 26.7% increase in total revenue over the previous year, reaching EUR 224.8 million. The company’s EBITDA also increased from EUR 24.1 million to EUR 42.5 million, due to strong revenue growth in 2020. “We are very satisfied with how the business developed in 2020 and look […]