3 months ended 31 March 2013
CEO Magnus Brännström comments
Our continuous efforts to build a stable platform for long term growth are gradually resulting in improved momentum. After a weak trend during the last six quarters we returned to sales force growth during the first quarter. Several initiatives have been implemented to strengthen our total offering and efficiency such as an improved Success Plan in the CIS and the opening of the new Group Distribution Centre in Moscow – while affecting the profitability short term. We continue facing challenges in Europe, however experience encouraging development in the CIS and rest of the World.
Conference call for the financial community
The company will host a conference call on Thursday, 25 April at 09.30 CET.
Participant access numbers:
Luxembourg: +352 2 786 0202
Sweden: +46 (0)8 506 443 86
Switzerland: +41 44 580 6522
UK: +44 207 153 9154
US: +1 877 423 0830
Confirmation code: 947632#
The conference call will also be audio web cast in “listen-only” mode through Oriflame’s website: www.oriflame.com or through http://storm.zoomvisionmamato.com/player/oriflame/objects/xpsnqv5r/
25 April 2013
Chief Executive Officer
For further information, please contact:
Magnus Brännström, Chief Executive Officer, Tel: +352 691 151 930
Gabriel Bennet, Chief Financial Officer, Tel: +41 798 263 713
Anders Ågren, VP Investor Relations, Tel: +46 765 422 353
Oriflame Cosmetics S.A.
24 Avenue Emile Reuter, L-2420, Luxembourg
Company registration no B.8835