Bi-Annual ResultsCompany News
Natural skin care brand put in a shining performance in Australia, which outperformed its home market of New Zealand.
Trilogy International Ltd, the owner of Ecoya, Trilogy and CS&Co, has announced its financial results for the first half of full-year 2017.
The company saw revenues shoot up by over half, growing 63% to $47.8m compared with $18.4m in the first six months of fiscal 2016. Revenue was added to by Trilogy’s 25% acquisition of Forestal Casino (Sociedad Agricola Y Forestal Casino) in June this year.
Home fragrance and body care emerged as strong performers with revenue reach $9m, up 4% in the six months to 30 September.
Australia and New Zealand are Trilogy’s key markets and contributed 88% of revenue recorded for H1 2017.
Angela Buglass, CEO of TIL, said: “Momentum continued in the brands as we started to deliver on our strategic priorities, particularly in Australia, which outperformed New Zealand in both Home Fragrance & Bodycare and Natural Products.”
Trilogy now owns Ecoya, Trilogy the brand and Goodness, as well as CS&Co, New Zealand’s largest importer and distributor of cosmetics and fragrances.
Buglass added: “CS&Co continues to deliver to expectations and is proving to be the right NZ distribution partner for Trilogy and Goodness. I am looking forward to continuing this momentum as we work to deliver another milestone year.”