Posts Tagged ‘Magnus Brännström’

Q1 Results: Mannatech Down 8%; Oriflame Down 6%

first quarter

Flower Mound, Texas-based Mannatech, Incorporated (NASDAQ: MTEX) recently announced net sales of $38 million for the first quarter of 2019. The net sales represented a decrease of $3.4 million, or 8.2 percent, as compared to $41.4 million in the first quarter of 2018. Income from operations increased to $1.1 million for the first quarter 2019, from a loss of $0.9 million in the same period in…

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Oriflame Achieves €1.3 Billion in Revenue for 2018

Oriflame 2018

Oriflame (ORI-SS—Stockholm) recently announced financial results for the full year ending December 31, 2018. The cosmetics giant achieved €1.3 billion in revenue for 2018. Sales were up 2 percent in Latin America, 1 percent in Europe and Africa, and 7 percent in Asia and Turkey. Sales in the CIS region were down 3 percent. “2018 was a year…

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Oriflame Local Currency Sales Up for 2018; Euro Sales Down

Oriflame CEO and President Magnus Brännström

Switzerland-based cosmetics giant Oriflame recently reported sales results for the fourth quarter of 2018 and the full-year 2018. For the three months ended December 31, 2018: Local currency sales increased by 1% and Euro sales decreased by 3% to €370.3m (€380.1m). Euro sales amounted to €359.3m* in accordance with IFRS. Number of registered actives increased…

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Oriflame Euro Sales Down 1%, Local Currency Sales Up 4%

Oriflame

Oriflame (ORI-SS—Stockholm) announced financial results for the third quarter ending September 30, 2018. Euro sales decreased by 1 percent to €292.5 million. Euro sales amounted to €279.4 million in accordance with IFRS. Local currency sales increased by 4 percent. The number of registered actives was stable and amounted to 2.7 million. For the nine months…

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Seldia to Celebrate 50th Anniversary

Seldia, the European Direct Selling Association, is celebrating its 50th anniversary this month. Established in 1968 to represent the direct selling industry in Europe, Seldia’s mission is to promote direct selling to European Union (EU) institutions and to ensure that the EU and national policy makers in Europe are aware of the industry’s benefits and advantages,…

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Oriflame Q2 Local Currency Sales Up 1%; Euro Sales Down 7%

financial finance

Switzerland-based Oriflame Cosmetics, the direct seller of cosmetics and beauty products, announced financial results for the second quarter of 2018. Local currency sales increased by 1 percent while Euro sales decreased by 7 percent to €321.9 million (€347.6 million). The number of registered actives decreased by 1 percent to 2.8 million. “Despite facing significant currency headwinds, we are pleased to…

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Oriflame Q1 2018 Local Sales Up 8%; Euro Sales Down 2%

Switzerland-based Oriflame Cosmetics, the direct seller of cosmetics and beauty products, has announced financial results for the first quarter of 2018. Local currency sales increased by 8 percent while Euro sales decreased by 2 percent to €334.1 million (€340.1 million). “2018 has started with a continued strong performance in Asia and Turkey, driven by high…

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Oriflame Sales Up 14% for Q4, 11% for Full-Year 2017

financial finance

Oriflame Cosmetics, a Switzerland-based seller of beauty products, has reported financial results for the fourth quarter and full year ended December 31, 2017. For the three months ended December 31, local currency sales increased by 14 percent, slightly impacted by positive timing. Euro sales increased by 7 percent to €380.1 million (€355.1 million). The number…

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Oriflame Q3 2017 Local Currency Sales Up 11%, Euro Sales Up 6%

Switzerland-based Oriflame Cosmetics, the direct seller of cosmetics and beauty products, recently announced financial results for the third quarter of 2017. Local currency sales increased by 11 percent and euro sales increased by 6 percent to €295.3 million (€278.9 million). For the three months ended September 30, 2017, Number of registered actives was stable at…

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Oriflame CEO and President Magnus Brännström Named Chairman of WFDSA

Oriflame CEO and President Magnus Brännström

The World Federation of Direct Selling Associations (WFDSA), a global trade organization representing more than 60 national direct selling associations, recently announced that Oriflame CEO and President Magnus Brännström will serve as the organization’s Chairman through October 2020. Brännström assumes the role of Chairman from Doug DeVos, President of Amway. “I am very honored and…

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