Oriflame USA
April 21, 2023
Oriflame Holding reported first-quarter 2023 Euro sales of 208.3 million euros, down 9 percent from the prior-year period, in an interim management statement dated April 21, 2023. Adjusted EBITDA was 16.8 million euros, down 24 percent, and the company posted a loss of 6.8 million euros for the quarter.
Asia remained the weakest region, with sales down 26 percent, while Türkiye and Africa fell 32 percent; Latin America and Europe also declined. The company said it planned to dispose of its Russian manufacturing entity as part of its ongoing strategic review of Russian assets. Digitalization and focus on priority markets continued amid challenging consumer demand.
Oriflame sells beauty and personal-care products through independent members worldwide; the Npros directory lists the U.S. presence as Oriflame USA.