MLM News

Wednesday, November 02, 2005

Alticor Sales Rise For Sixth Consecutive Year

Alticor Inc. (parent of MLM Companies Amway and Quixtar) and its family of companies reported sales of $6.4 billion for the performance year ending August 31, 2005. Sales rose 3.6% in 2005, marking the company's sixth straight year of growth.

More than half of Alticor's global affiliates showed a strong increase in sales, offsetting slower growth in the China market and a slight decrease in North American sales. A portion of Alticor's overall sales increase was due to the positive impact of the strengthening dollar.

European markets posted 18% growth, while Japan continued its turnaround with a second straight year of increased sales.