Naturex sees 19.5% organic growth in first quarter

Published: 2-Jun-2011
Ingredients Finance

Enhanced product range and sales synergies benefit all markets


Plant-based natural ingredients specialist Naturex has reported a sharp growth in sales to €60.4m (17.5% organic growth) for the first quarter of 2011. The company says an enhanced product range and sales synergies have benefited all markets and geographical regions in which it operates.

Gross margin is up 30.8% to €37.4m and operating income is up 47.2% to €7.8m.

“These excellent results for the quarter confirm the solid performance of 2010 and are very closely in line with the yearly targets for growth and profitability announced for 2011,” commented Jacques Dikansky, president, ceo and founder of Naturex.

“During the upcoming quarters, we are going to continue with our organic development by combining our scientific, technical and sales expertise in order to offer natural ingredients with a high value added, in line with our customers’ expectations, in all of the counties where we are located.”

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