Naturhouse increases its net profit by 12.3% in the first quarter of the year
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Naturhouse increases its net profit by 12.3% in the first quarter of the year
• The leading company, which specialises in the sale of diet products and dietary re-education, has improved all of its figures in the first three months of the year.
• EBITDA increased by 8% year-on-year to March and the company’s network has grown by 50 centres in just 3 months, reaching a total of 2004 establishments.
Madrid, 12 May 2015.- Naturhouse, a company specialising in the sale of diet products and dietary re-education, has improved all its financial figures in the first quarter of 2015 thanks to a major boost from its international business and significant growth in net openings of Naturhouse stores. With an increase of 50 stores, the company has registered the equivalent of 80% of all net openings for the 2014 financial year in just 3 months. At 31 March 2015, Naturhouse registered operations in 27 countries via a total of 2004 centres.
The group’s total sales have climbed to €24.25 million in the first quarter, while EBITDA increased by 8% in twelve months to €8.55 million. With this, Naturhouse registered an EBITDA margin of 35.2%, which is above the upper threshold of the group’s target (30%/35%) for 2015 and 2016 and is also the highest in the industry. Net profits have increased by 12.3% to €5.82 million from €5.18 million in the same period of the previous financial year.
In the first three months of 2015, Naturhouse’s network of stores increased by 50 centres, reaching a new company record of 2004 establishments. At 31 March 2015, Naturhouse had registered operations in 27 countries, three more than in the first quarter of 2014 following the opening of centres in Russia, Panama and Switzerland, and it has signed master franchise contracts in Puerto Rico, Colombia and Tunisia, which are currently in the product registration phase.
Naturhouse was listed on the stock exchange for the first time on 24 April, an operation that attracted investors from Europe’s main financial markets. The group aims to distribute a payout of 80% of consolidated net profits. It also forecasts net openings of 240 centres between 2015 and 2016 – a goal that is getting increasingly closer given that 50 new Naturhouse centres (92% of which are franchises) have opened worldwide between 31 December 2014 and 31 March 2015.
About Naturhouse
Naturhouse is a Spanish business group, owned by Grupo Kiluva, that works in the diet and nutrition sector, with a proprietary and distinctive business model based on the “Naturhouse Method”. The method combines the sale of food supplements with free, personalised advice and monitoring from a qualified specialist. Since it opened its first shop in the Spanish city of Vitoria in 1992, Naturhouse has provided advice to more than 4,000,000 people. The company, which operates in 27 countries, had 2,004 centres at 31 March 2015, both directly operated and franchises. Naturhouse is the only diet food business to be present throughout the whole value chain, from product development and manufacturing to sales and customer assessment. This, alongside the business’ low investment requirements and an attractive return for franchisees, has meant the company has received numerous awards. For seven consecutive years, it has been selected as one of the top 100 franchises worldwide by Franchise Direct.
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This announcement does not constitute an offer for sale or a request for tender offers of securities in the United States, Canada, Japan or any other country where it is illegal to make an offer or request of this kind. Securities may not be offered or sold in the United States unless they are registered within the scope of the applicable legislation or are exempt from registration. It is not Naturhouse’s intention to register any section of the Offering in the United States or make a public offering in the United States. Any public offering of securities made in the United States will be carried out through a prospectus that will contain detailed information about Naturhouse and its management team, as well as financial statements. Copies of this announcement are not and should not be published, distributed or sent to the United States, Canada, Australia, Japan or any other country in which distributing said information is restricted by law.
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Naturhouse’s Prospectus was approved by the Comisión Nacional del Mercado de Valores (“CNMV”) and was recorded in its official register on 9 April 2015. The Prospectus is available to investors on the issuer’s website (www.naturhouse.com) or that of the CNMV (www.cnmv.es), as well as at the registered addresses of Naturhouse, the Stock Exchanges, the entities participating in the Offering and the agent.