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Firmenich sales

This article was originally published in The Rose Sheet

Executive Summary

Revenue for the year ended June 30 was up 9.5% in local currencies to $1.5 bil. (CHF1=$.79), Swiss fragrance and flavor manufacturer reports. Performance was boosted by double-digit sales gains in the fragrance division, with strong sales in Asian and Latin American markets and a "good" performance in Europe, Firmenich says. Business in North America was flat for the year, company adds. Firmenich has begun construction on a new production facility in Princeton, N.J. that will serve the North American fragrance market...

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