Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue November 2014
 •  President Signs Sunscreen Innovation Act  •  Rob Lowe, The Formulator  •  Body Shop Donating To War Child  •  L’Oréal To Honor Social Responsibility in Dermatology  •  Clariant Reaches ISO22716 and EFfci GMP Milestone
Print

Stable Growth at Symrise Despite Economic Crisis



Published March 4, 2009
Related Searches: scent challeng anti sales
Post a comment
Despite the unfavorable economic environment, Symrise boosted sales by 6.5% to $166.4 billion in 2008. According to the company, sales growth included the strategically important acquisitions in the U.S., including in the Scent & Care division, the acquisition of the U.S. businesses of Manheimer Fragrances and Intercontinental Fragrances.

Sales in local currencies rose by 7% at Scent & Care and by 11% at Flavor & Nutrition. Both divisions won new core list positions with key accounts. As last year, the emerging markets remained growth drivers. Sales in the emerging markets grew by 8% in local currencies and accounted for 39% of total sales in 2008.

Symrise’s position has substantially improved in the U.S. market, which had proved challenging to date. Sales in the U.S. climbed by 25%, noted the company.


blog comments powered by Disqus