Firmenich has released its FY2019 financial results. The company reported revenues of CHF 3.9 billion, up 6% over the previous year.
During the year, the company expanded its reach with four acquisitions and eight new facilities, investing CHF 390 million in R&D.
“This year was marked by many strategic breakthroughs, from acquisitions in markets of the future, to key technology launches and a wealth of global recognition for our leadership in responsible business,” said chairman of the board Patrick Firmenich. “I extend my deepest appreciation to Gilbert and our 8,000 colleagues for setting new standards for Firmenich and our industry.”
“I sincerely thank our customers for their ongoing trust that inspires us every day! We owe this year’s results to the collective expertise and passion of my 8000 colleagues across our 100 markets, all committed to creating unique value for our customers and society,” added CEO Gilbert Ghostine. “At the very moment when new generations of consumers are demanding solutions for a healthy planet, I am proud to see Firmenich consistently recognized as a world-class environmental and social leader.”