Naturhouse’s network of centres grows more in the first four months of the year than in the whole of 2014
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Naturhouse’s network of centres grows more in the first four months of the year than in the whole of 2014
• The group, which has operations in 27 countries, registers 22 net openings in April and sets a new company record for the number of establishments with a total of 2,026
• With the opening of these new centres, Naturhouse has completed 30% of its 2015-2016 growth plan, which forecasts net openings of 240 establishments over the period, far exceeding total net openings in 2014
Madrid, 20th of May 2015.- Naturhouse, a company specialising in the sale of diet products and dietary re-education, has seen a speed-up in growth in April thanks to the positive progress of its international business. Last month, the group registered net openings of 22 new centres, boosting the total number of openings in 2015 to 72. This figure is 12.5% higher than the net openings registered in 2014, when Naturhouse’s network grew by 64 establishments.
This positive progress has meant that, in barely four months, Naturhouse has completed 30% of its growth plan for 2015 and 2016, which forecasts net openings of 240 new centres in the 27 countries where the company has operations, as well as in other new markets. The company has signed master franchises in Puerto Rico, Colombia and Tunisia, which are currently in the product registration phase.
In the first quarter of 2015, Naturhouse improved all its main financial figures and boosted the profitability of the business. The EBITDA margin has therefore reached 35.2%, the highest in the industry and above the guidance range for 2015 and 2016. The company’s net margin stands at 24% after improving profits after tax by 12.3% compared to the same period in 2014 to reach €5.82 million. The group’s sales stood at €24.25 million for the first quarter of 2015.
Naturhouse, which has no net debt and does not require significant resources for growth, was listed on the Spanish stock exchange on 24 April 2015 with the aim of boosting the company’s professionalisation and strengthening its brand image internationally.
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.
For further information, please contact Kreab:
Cristina Triana (+34 628 750 844/+93 418 53 87)/Óscar Torres (91 702 71 70)
ctriana@kreab.com/otorres@kreab.com
IMPORTANT NOTICE
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.
This communication is an announcement and is not a prospectus and none of the document’s content is an offer of securities. No-one should acquire ordinary Naturhouse shares unless the acquisition is based on the information in the Prospectus published by Naturhouse in relation to the Offering and listing of its shares.
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.
