Naturhouse Announces Earnings Results for the First Half of Fiscal 2016
July 25, 2016
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Naturhouse announced earnings results for the first half of fiscal 2016. For the six months, the company improved all its financial figures through the boost provided by its international business and the growth in the domestic market for the first time since 2012, fulfilling its goal of recovering the market in 2016. The group’s total sales are up by 3.7% to €54.5 million. EBITDA stands at €19.93 million, up 2.9% compared to the same period last year. Net income has increased to €13.92 million, speeding up growth to 4.8%, due to the general improvement of the business.
Naturhouse Health SA is a Spain-based company primarily engaged in the special foods and wellbeing products manufacture. The Company specializes in developing, manufacturing and selling products within the nutrition, as well as weight management sector. Its activities are divided into three business areas: Food Supplements, which provides products with natural extracts to facilitate the slimming process; Healthy Foods and Drinks, which offers dietary snacks and meals for breakfast; as well as Cosmetics and Body Care, which includes cosmetics for skin treatment during the slimming process. The Company distributes products through a network of own and franchised stores. Furthermore, It operates in Spain, France, Poland, Italy, Mexico, the United Kingdom, and Canada, among others. The Company is a subsidiary of Kiluva SA, as well as controls a number of entities, such as SAS Naturhouse, Kiluva Diet SLU, Zamodiet Mexico SA de CV and Naturhouse Sp z o o.