On April 24, 2025, Spanish Fragrance house Eurofragance released its financial results for 2024. The company reached sales of €180 million, an increase of 27% from the previous year.
“Achieving €180 million in sales is a testament to our initiatives and the dedication of our teams,” said chief financial officer Juan Ramón López Gil. “Each region’s contribution has been instrumental in achieving these results and our financial discipline and focused strategies will continue to drive our success.”
According to the company’s financial report, Eurofragance’s results were driven by strong performances in key regions, including a 19% growth in the Europe, Africa and Turkey region and 30% in the India, Middle East and Africa region. Further, the home and personal care segments of the house’s business experienced a 20% increase.
Chief marketing officer Joan Pere Jimenez added, “We are capitalizing on the rapid development of dynamic markets such as UAE and Saudi Arabia, the latter of which continues to open up with substantial investments in beauty retail. We are also benefiting from positive market trends in India, Indonesia and Turkey where rising disposable income is fueling demand.”
“Our disciplined approach to growth and strategic investments in key areas have allowed us to maintain our reputation as a leading player in the fragrance industry,” concluded chief executive officer Laurent Mercier. “The strategies we have in place will ensure our sustained expansion and our commitment to innovation will continue to drive our success in the years to come.”
