Amway reports sales of $10.8 billion for 2014

Admin   |   10 February, 2015   |   681   |   3980

The top 10 markets for Amway in 2014 were China, South Korea, Japan, United States, Thailand, Russia, Taiwan, India, Malaysia and Ukraine.

Amway today announced sales of $10.8 billion for the year ending Dec. 31, 2014. The result represents a decline of eight percent from 2013, due to lower revenues in China and fluctuation in foreign currency exchange rates.

While 2014 revenues are lower than 2013, the company continues to exhibit strong long-term growth. Amway has grown by 68 percent in the last decade and achieved sales growth in 13 of the last 15 years. In China, results have been strong as well – with growth rates over the past five and 10 years of 27 percent and 45 percent respectively.

“Sales in 2014 reflect the significant efforts of Amway Business Owners and employees who continue to do well around the world, despite challenging operating environments found in several nations that are major markets for Amway,” said Amway Chairman Steve Van Andel.

“We continue to see great strength globally as select markets hit record sales numbers and others show resilience that point to strong results in 2015.”