Highlights in the first six months:
+ Local currency sales increased by 6% and Euro sales increased by 4% to €763.5m (€736.8m). Excluding Oriflames business in Iran, sales growth was 8% in local currency.
+ EBITDA amounted to €99.1m (€93.6m).
+ Adjusted operating margin was 11.1% (10.9%) resulting in an adjusted operating profit of €85.1m (€80.1m).
+ Adjusted net profit amounted to €55.6m (€66.7m) and adjusted EPS after dilution amounted to €0.97 (€1.17).
+ Cash flow from operating activities amounted to €48.5m (€43.8m).
"…The positive development in EMEA and Asia continues, where Asia is becoming increasingly important for the overall performance of the group. Despite the strong head wind of currencies, I am pleased to note that the operating margin continues to improve. On top of this, we managed to renew our credit facility and complete additional private placement notes with longer maturities and lower cost. I am confident that the group is in a good position to grow further once the market conditions improve," CEO Magnus Brännström commented.