Nu Skin reports record results for 2011
Q4 and annual results both strong for the group
Nu Skin has today announced record fourth quarter and annual results, stating that Q4 results were 23% up on the previous year, at $495.3m. Meanwhile the annual tally also grew by 13% to $1.74bn, while annual revenue was positively impacted by 6% by foreign currency fluctuations.
Truman Hunt, president of Nu Skin, commented on the results: “We are extremely pleased with our quarterly and 2011 results. By all measures, 2011 was a record year. We’re also optimistic that our momentum will continue into 2012 as we roll out our latest product innovations globally.
“Our ageLOC range of anti-ageing products continues to be a growth catalyst and in addition to this we are pleased with the growth in our sales force, particularly in the Greater China and South Asia/Pacific regions, as well as in South Korea.”