LR Health & Beauty SE Announces Successful 2023 Financial Results and Continued Product Innovation

LR Health & Beauty SE, a leading digital social selling company in Europe, declared a successful closure of its financial outcomes for 2023. It reported that sales increased by approximately 3% to EUR 276.5 million, despite facing challenging currency effects. The company also saw a slight increase in its EBITDA, reaching EUR 31.4 million.

Throughout the year, the company launched significant new products, including BODY MISSION and Mind Master Gold, which marked two of the best product launches in the company's history. Mind Master Gold, notably a vegan health product available by subscription, has notably boosted sales.

LR Health & Beauty SE is not resting on its laurels for the coming year but plans to expand its innovative product range further. It aims to support its partners' activities with even more groundbreaking products and has launched a new treatment called LR Health Mission. This treatment focuses on improving intestinal, liver, and cellular metabolism over six months.

For 2024, amidst market uncertainties, the company projects its sales to remain consistent with last year's figures and expects a stable or slightly lower EBITDA.