Oriflame Cosmetics - Half Year 2009 Report

Interim report 1 January - 30 June 2009

Three months ended 30 June 2009
§  Local currency sales increased by 15% and Euro sales increased by
2% to ¤315.5m (¤308.7m).
§  Average size of the sales force increased by 25% to 3.4m
consultants and closing sales force was up by 24%.
§  EBITDA amounted to ¤38.7m (¤48.3m).
§  Operating margin was 10.3% (13.6%) resulting in an operating
profit of ¤32.3m (¤41.9m).
§  Net profit amounted to ¤22.6m (¤32.9m).
§  EPS after dilution amounted to ¤0.40 (¤0.58).
§  Cash flow from operating activities amounted to ¤29.9m (8.0m).

Six months ended 30 June 2009
 $ Local currency sales increased by 18% and Euro sales increased by
4% to ¤656.8m (¤630.5m).
§  Net profit amounted to ¤46.8m (¤70.7m).
§  EPS after dilution amounted to ¤0.82 (¤1.26).
* Cash flow from operating activities improved to ¤42.5m (¤11.3)
mainly due to lower working capital development


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.