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Stronger EU, US Environment Boosts Robertet Q2
Posted: July 20, 2010
Robertet has reported second quarter 2010 turnover of 98.9 million euro, up 30.1% from the comparable period 2009. Due in part to an end to customer destocking, flavor results totaled 39.9 million euro, a gain of 21%; the division now accounts for ~40% of total sales. The company noted resurgent strength in the United States and Europe. Fragrance turnover totaled about 35 million euro, a gain of 30.9%. Ingredient turnover rose 47.2% to 23.3 million euros.