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Financial Summary

Swiss Fragrance Giant Firmenich FY 2023 H1 Results: Revenues Reached CHF 2.44 Billion, Setting a New Record

2月 20, 2023

February 16, Geneva-based fragrance and taste giant Firmenich International SA (“Firmenich”) announced its FY2023 Half Year Results for the six months ended December 31, 2022. In H1, revenue increased 11.5% at constant currency to record CHF 2,440 million. Adjusted EBITDA increased 7.3% at constant currency to CHF 440 million.

Patrick Firmenich, Chairman of the Board noted, “Firmenich has delivered double-digit Revenue growth in the first half of FY 2023, supported by the strength of our superior customer service and diversified, sustainable business model. These ac …

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U.S. Flavor Giant IFF Recorded $12.44 Billion Net Sales with 7% up in FY 2022, with Nourish and Pharma Gained Double-digit Increases
Financial Summary

U.S. Flavor Giant IFF Recorded $12.44 Billion Net Sales with 7% up in FY 2022, with Nourish and Pharma Gained Double-digit Increases

For the full fiscal year 2022, reported net sales were $12.44 billion, showing an increase of 7% compared to the prior year period. On a comparable basis, currency-neutral sales increased by 9%, with growth achieved across all divisions, led by double-digit increases in Nourish and Pharma.

2月 14, 2023
Swiss Watch Exports Decline by 2.2% Year-on-Year in October, with Exports to the Chinese Mainland Plummeting 38.8%
Financial Summary

Swiss Watch Exports Decline by 2.2% Year-on-Year in October, with Exports to the Chinese Mainland Plummeting 38.8%

In the first 10 months of this year, the global export value of Swiss watches totaled approximately CHF 21.5 billion, marking a 2.6% decline compared to the same period last year.

11月 25, 2024
On Running’s Q3 Net Sales Increased by 32.3% Year-on-Year, APAC Region Soared by 79.3%
Financial Summary

On Running’s Q3 Net Sales Increased by 32.3% Year-on-Year, APAC Region Soared by 79.3%

Analysts stated that the revised outlook still appears conservative, expressing optimism about future growth opportunities.

11月 19, 2024