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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
L’Oréal Group CEO Discusses China Market and Seven Growth Drivers
Financial Summary

L’Oréal Group CEO Discusses China Market and Seven Growth Drivers

In January 2024, the actual sales volume in the mainland China market was very optimistic, and the group was very satisfied.

2月 22, 2024
Swiss Watch Exports in December Reach Six-Month High, with a 1.7% Increase in Exports to Mainland China
Financial Summary

Swiss Watch Exports in December Reach Six-Month High, with a 1.7% Increase in Exports to Mainland China

The Swiss watch industry concluded 2023 at a high level, with a year-on-year growth of 7.6% to 26.7 billion Swiss francs compared to the previous year.

2月 02, 2024