Robertet: FY sales up nearly 3%

(CercleFinance.com) - Robertet reports a 2.
6% increase in sales to E721.1m for 2023, including organic growth (comparable exchange rates and consolidation scope) of 4.5%, driven by North and South America, as well as Asia.

While sales contracted by 9.6% at its raw materials division, they rose in its health & beauty (+3.9%), flavours (+5.1%) and above all fragrance (+9.3%) divisions, driven by the great success of emerging brands and their international expansion.

Regarding profitability, the Grasse-based group expects FY 2023 EBITDA to rise, while EBITDA/Sales should be slightly down on the previous year's 18.3%.


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