Naturhouse Reports Earnings Results for 2016; Provides Financial Guidance for 2017; Plans to Open 121 Centers in 2017
February 27, 2017
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Naturhouse reported earnings results for 2016. Sales increased by 2.1% to 97.8 million, due to the positive performance of both franchises and directly-operated stores. EBITDA stands at 32.62 million and the EBITDA margin at 33.4%, placing it in the middle-to-high section of the group's target range (30%/35%) for 2015 and 2016. Net profit reached 22.5 million.
For 2017, the company has committed to maintaining its EBITDA margin at 30%-35%.
The company plans to open 121 centers during the period, to reach 2,400 stores by the end of the financial year.
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.