Naturex Q1 Revenue Up 24% on Acquisition, Natural Trend

Naturex's first-quarter revenue rose 23.9% to €98.6 million from a year earlier, boosted by its acquisition of Vegetable Juices Inc. which has benefited from the natural trend.

Net income rose 1.1% to €5.2 million. Regional and business segment results were mixed.

  • Nutrition & health grew organically mainly due to the plan launched in the United States at the end of 2014 to recapture growth along with good performances in the Asia-Pacific region.
  • Europe remains a major focus of attention and a plan for re-energizing business development has already been launched.
  • Food & beverage is performing well in the United States, benefiting from both the strong contribution by Vegetable Juices Inc. and also the continuing market transition in favor of natural foods.
  • Europe in contrast was hurt by the high base effect in relation to the 2014 first quarter in an environment that is still sluggish.
  • The company's personal care business has virtually doubled.

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