Interim report 1 January – 31 March 2011
Three months ended 31 March 2011 · Local currency sales increased by 7% and Euro sales increased by 10% to €396.8m (€361.9m). Excluding Oriflame's discontinued business in Iran, sales growth was 10% in local currency. · Average size of the sales force increased by 9% to 3.8m consultants and closing sales force was up by 8%. · EBITDA amounted to €53.3m (€49.3m). · Adjusted operating margin was 11.8% (11.7%) resulting in an adjusted operating profit of €46.7m (€42.2m). · Adjusted net profit amounted to €31.5m (€37.2m). · Adjusted EPS after dilution amounted to €0.55 (€0.65)