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Herbalife Nutrition Creates Ties For Food Assistance In Guatemala

The Nutrition For Zero Hunger Program, In Collaboration With The United Nations World Food Program, Is Taking Its Nutrition Education And Food Assistance Efforts To Communities In Need In Guatemala.
Herbalife Nutrition’s Contribution Helped The UN World Food Program Reach More Than 62,000 Guatemalans With Critical Assistance, Continue To Strengthen Food Security And Nutrition In The Most Vulnerable Communities And Support Its Resilience And Capacity-Building Efforts.

Herbalife Empowers Guatemalan Communities

Almost Half Of The Population Of Guatemala Cannot Afford The Equivalent Cost Of What Is Provided In The Basic Food Basket Of The United Nations World Food Program, Including Vegetables, Produce And Vegetables Necessary To Meet Nutritional Requirements Of The Communities.
This Has Resulted In The Prevalence Of Stunting In Children Under Five Years Of Age, The Highest In Latin America And The Caribbean. A Recent Study Indicated That “Incomes Fell, Food Insecurity Doubled And Dietary Diversity Decreased” Due To The Effects Of The COVID-19 Lockdown On Food Security And Nutrition In Rural Households.
Natural Disasters Exacerbate These Problems. Guatemala Is Among The 10 Most Vulnerable Countries And Exposed To Natural Hazards In The Latin American And Caribbean Region.
In The Country’s Time Of Need, Herbalife Nutrition Made A Donation That Contributed To The Hurricane Eta Emergency Response Efforts In The Latin American Country And Allowed The UN World Food Program To Assist More Than 8,600 People For 60 Days.

Initial Support To Communities Was Provided Through Food Rations, Both Cooked Meals Provided To Evacuees In Shelters And Cold Rations Delivered Once People Returned Home. The Homemade Rations Lasted Between 1 And 2 Months, Depending On The Level Of Damage In The Affected Community.

Heading 2: Herbalife Nutrition Forms Food Aid Partnerships in Guatemala.

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Zinzino’s Second-quarter Revenue Increased By 18% To Sek 322.40 Million ($37 Million)

The second quarter of 2021 was another quarter in which great profitability was paired with strong sales growth.

The Group’s total revenues grew by 18% to SEK 322.4 (274.3) million.

The EBITDA result for the quarter was SEK 33.4 (16.0) million, with an EBITDA margin of 10.4 percent (5.8 percent ).

Economies of scale are obtained as a result of greater efficiency in IT systems, logistics, and inside the business. Sales began in India during the quarter, while Malaysia was granted full market status. In addition, the new BalanceOil+ Premium and ZinzinoGene+ products were introduced.

Because the first half of the year was profitable, the board prepares a profit prediction for the entire year. The projected EBITDA margin for the whole year has been revised upwards from at least 6% to between 8% and 11%. The overall revenue for the year will likely surpass SEK 1,400 million.

APRIL-JUNE

• Total sales grew by 18% to SEK 322.4 million (274.3 million).
• The gross profit margin was 32.6 percent, with a gross profit of SEK 105.1 (73.5) million (26.8 percent )
• The EBITDA margin was 10.4 percent, with SEK 33.4 (16.0) million in EBITDA (5.8 percent )
• The cash flow from operations totaled SEK 22.4 (19.9) million.
• The Board lowers the full-year EBITDA margin expectation to 8% -11 percent.

JANUARY-JUNE

• To SEK 655.8(516.4) million, total revenues grew by 27%.
• The gross profit margin was 31.5 percent (30.4 percent *) and the gross profit was SEK 206.3 (157.2*) million.
• The adjusted gross profit margin was 31.5 percent (26.1 percent *) and the adjusted gross profit was SEK 206.3 (135.0*) million.
• The EBITDA margin was 10.8 percent (8.2 percent *) and the EBITDA was SEK 70.7 (42.3*) million.
• The adjusted EBITDA margin was 10.8 percent (3.9 percent *) and the adjusted EBITDA was SEK 70.7 (20.1*) million.
• Operating cash flow came in at SEK 70.4 (52.5) million.

About Zinzino

Zinzino AB (publ.) is a global Direct Sales firm that develops and distributes nutrition, skincare, and lifestyle products that are based on scientific research. Zinzino owns the research and development company BioActive Foods AS as well as the manufacturing company Faun Pharma AS.

Zinzino’s headquarters are in Gothenburg, with offices in Finland, Latvia, Norway, the United States, Australia, Hong Kong, and Malaysia. Zinzino is a publicly-traded business with shares on the Nasdaq First North Premier Growth Market.

Heading 2: Zinzino’s revenue grew by 18% to SEK 322.40 million ($37 million) in the second quarter.

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Avon Launches Campaign To Break Stereotypes In Ukraine

In 2020, Avon Ukraine And Kantar Conducted The First National Research To Fully Understand Ukrainian Women, Including Their Hopes For Their Dreams And How They Balance Work And Family Life.
The Research Highlighted A Large Number Of Negative Stereotypes Around Women, With 79% Of Women Reporting Being Stereotyped. Only 39% Of Women Felt That They Could Fully Develop Their Potential.
In Response, Avon Launched The “Avon Against Stereotypes” Initiative, Which Aims To Address Stereotypes And Inspire Women To Reach Their Potential.

Avon Breaks Stereotypes In Ukrainian Women

As Part Of The Initiative, Avon Commissioned Contemporary Ukrainian Artist And Sculptor Ani Svami / Anna Naduda To Create The “NOVA” Sculpture To Inspire Millions Of Women To Fulfill Themselves Despite Stereotypes And Obstacles.

At The Opening Event, Which Featured Celebrities, Bloggers, And Political Representatives, Guests Symbolically Smashed The Sculpture’s External Panels That Displayed Stereotypes.

Heading 2: In Ukraine, Avon launches a campaign to combat stereotypes.