Company News, Financial News

Oriflame Reports on Latest Quarter

Double digit growth in Latin America, Turkey Africa and Asia, says CEO.

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By: Christine Esposito

Editor-in-Chief

For the three months ended Sept. 30, 2015, Oriflame’s local currency sales increased by 4% and euro sales decreased by 4% to €263.2m (€274.5m). During the quarter, the company’s active consultants decreased by 5%   For the nine months ended Sept. 30, local currency sales increased by 1% and euro sales decreased by 4% to €872.1m (€912.1m) the firm reported.   “We are pleased to report double digit growth in both Latin America and Turkey, Africa & Asia. These markets now account for close to ...

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