Firmenich reports ‘solid’ performance in spite of ‘challenging market’

By Nathan Gray contact

- Last updated on GMT

Firmenich reports ‘solid’ performance in spite of ‘challenging market’

Related tags: Net sales, United states dollar

Fragrance and flavour firm Firmenich has reported €2.75bn net sales and 2% growth despite challenging market conditions, says the firm.

The Swiss firm reported CHF3 billion (€2.75) in net sales, growing 3.0% in local currency and 2.0% in CHF, with increases across all geographic regions.

“Fiscal year 2015 was a dynamic year for Firmenich in many ways,”​ said Firmenich CEO, Gilbert Ghostine. “We crossed CHF 3.0 billion in net sales for the first time and achieved a record-level of technology-driven wins, while further affirming our thought-leadership in sustainability.”

“FY15 was also a year of historic transition for us, as we welcomed four new leaders to our Executive Committee, to drive Firmenich into its next era of excellence,”​ said Chostine.

Related topics: Business

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