US formula-to-chocolate maker ForeverGreen Worldwide Corp. has extended its product offering to South America and other Latin markets as part of its global expansion plan.
The expansion, which has been in place for around two months, has already proven a “successful and profitable business move” the company said yesterday (10 March).
ForeverGreen CFO Paul Frampton said growth in the Latin American markets was trending to an increase of more than 50% quarter-over-quarter.
“Since we are experiencing this significant growth, the first two months of this quarter nearly equaled the entire fourth quarter of last year. With a new group of leaders in our Latin markets, specifically in South America, we have considerable reason to believe that first quarter sales will exceed fourth quarter sales from this market, which is rapidly becoming a significant part of our sales, by more than 50%,” said Frampton.
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ForeverGreen develops, manufactures and distributes a line of natural products to North America, Australia, Europe, Asia and South America.
Offerings include O3World weight-management products, Pulse-8 powdered L-arginine formula, and 24 Karat Chocolate.
