Q1 2013: Naturex net profit up 67%

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Q1 2013: Naturex net profit up 67%
Naturex has seen sales rise 13.2% to €83.2m in Q1 2013, with Nutrition its star core business performer, leaping about 33% from €22m to just over €29m.

The company said its NATlife range that includes cranberry (for which it just launched an organic version under the Pacran brand), grape and green coffee, had performed particularly well.

EBITDA profit figures were not released.

Nutrition and Health accounted for 35.1% of the quarter’s sales, with Food and Beverage down a percentage point but accounting for 56.2% of sales. Personal Care added 14.4% to be worth €1.46m and Toll Manufacturing added 148.5% to €5.8m.

The Americas were the fastest growing region at 20% to be worth €33.4m. Europe and Africa grew 10% to €40.3m while Asia and Oceania expanded by just under 5% to €9.475m.

"The beginning of the year is very promising for Naturex that displays a solid organic growth,"​ said Thierry Lambert, CEO of Naturex.

"Our sales teams around the world continue to mobilise in order to offer our customers tailored innovative solutions, supported by the scientific expertise of our R&D, technological expertise and our ability to select raw materials from sustainable and equitable sources."

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