Naturex Exceeds Revenue Projections

January 28, 2011

Plant-based-ingredients specialist Naturex (Avignon, France) saw 21.6% organic revenue growth last year, exceeding its objectives, the company announced.

Plant-based-ingredients specialist Naturex (Avignon, France) saw 21.6% organic revenue growth last year, exceeding its objectives, the company announced.

In constant currencies, the increase in yearly sales in 2010 was 16.2%, above the 10 to 15% growth the company had targeted last September. Total annual consolidated revenue for 2010 was €226.3 million.

The food and beverage, nutrition and health, and personal care markets contributed to growth in natural-ingredient demand, “benefiting from…world demand for natural products and health, as well as from reinforced regulations, particularly within the framework of the use of artificial coloring agents in food products,” the company says.

The integration of the ingredients division of Natraceutical Group also contributed to growth, “enriching the range of products and solutions that are designed and marketed by Naturex, and [covering] the needs of clients more widely.”

In particular, Naturex says it saw accelerated demand from emerging countries such as Asia and Latin America.

“These excellent figures, well above the announced growth targets, confirm the success in our positioning and the pertinence of our strategy,” said chairman and CEO Jacques Dikansky. “The integration of the ingredients division of Natraceutical Group was carried out rather briskly over 2010, and we are proud of this success.”