LR Health & Beauty Sees 4.6% Revenue Increase in 2024, Reaching €289.9 Million ($300 Million)”
LR Health & Beauty SE, a leading digital social commerce company in Europe specializing in high-quality nutritional supplements and cosmetic products, reported a successful financial year in 2024. The company achieved full-year sales of €289.2 million (approximately $300 million), marking a 4.6% increase from €276.5 million in 2023. This growth met the upper end of LR’s revised sales forecast of €288-292 million, announced in November 2024. In the fourth quarter alone, sales rose by 8.0% to €76.5 million, up from €70.9 million in Q4 2023, reinforcing a positive growth trend from Q3.
The company attributed this performance to strategic initiatives, including the realignment of its career plan, which boosted partner engagement, and the successful launch of innovative products like LR ZEITGARD Signature in the color cosmetics category. Despite one-off charges—such as costs from the career plan adjustments and an early bond refinancing in spring 2024—reported EBITDA for the year was €27.3 million, down from €31.4 million in 2023, but still within the adjusted forecast of €26-29 million. Normalized EBITDA for 2024 was €32.6 million, compared to €35.4 million the previous year.
CEO Dr. Andreas Laabs highlighted the company’s focus on creating optimal conditions for its partners, crediting their enthusiasm at kick-off events and the expanded product portfolio for driving growth. LR Health & Beauty SE, based in Ahlen, Germany, operates in 32 countries and continues to leverage digital solutions to support its community, positioning itself for further success in 2025.
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