Oriflame 3rd Quarter Earnings
Published: Nov 08, 2018

THREE MONTHS ENDED 30 SEPTEMBER 2018

  • Local currency sales increased by 4%. Euro sales decreased by 1% to €292.5m (€295.3m). Euro sales amounted to €279.4m* in accordance with IFRS.

  • Number of registered actives was stable and amounted to 2.7m.

  • EBITDA amounted to €43.4m (€40.0m) and to €42.8m* in accordance with IFRS.

  • Operating margin was 10.3% (11.0%), negatively impacted by 160 bps from currencies, and operating profit was €30.0m (€32.5m). Operating margin was 10.5%* and operating profit was €29.4m* in accordance with IFRS.

  • Net profit was €18.8m (€17.4m) and diluted EPS €0.33 (€0.30). Net profit was €17.5m* and diluted EPS €0.30* in accordance with IFRS.

  • Cash flow from operating activities was €9.9m (€11.2m) and €9.9m* in accordance with IFRS.

  • The year to date sales development is approximately 4% in local currency and the development in the fourth quarter to date is approximately 6% in local currency.