Firmenich's Revenue in China Surges 18.3%
- Chaileedo Press
- Feb 17, 2023
- 2 min read
Firmenich revenues reached CHF 2.44 billion ($2.6 billion) in the first half of the financial year 2023, up 10.5% year-on-year. It saw strong growth in all regions, according to Firmenich, whose geographical diversification is one of its strengths.
On February 16, the world's leading flavour and fragrance company, Firmenich, announced its results for the first half of FY2023 (from July to December 2022). According to the results, revenue for the first half of FY2023 reached CHF 2.44 billion ($2.6 billion), an increase of 10.5% year-on-year. Its operating profit was CHF 229 million ($246.3 million), down 25.13% year-on-year. Adjusted EBITDA was CHF 440 million ($473.3 million), an increase of 7.3% at constant exchange rates.
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