Naturex Posts Strong Results for First Half of 2010

September 16, 2010

Botanical-ingredients supplier Naturex cited 'very strong acceleration in growth' in the second quarter of 2010. Sales in the second half of 2010 grew 15.4% over sales in the second half a year ago, in 2009, with revenue totaling €112.8 million. The company said that its acquisition of the ingredients division of Natraceutical helped spur business, although sales were also up throughout the group.

Botanical-ingredients supplier Naturex cited 'very strong acceleration in growth' in the second quarter of 2010. Sales in the second half of 2010 grew 15.4% over sales in the second half a year ago, in 2009, with revenue totaling €112.8 million.

The company said that its acquisition of the ingredients division of Natraceutical helped spur business, although sales were also up throughout the group.

The company said that such positive results have given it a 'clear start on its targets for 2010'”growth of 5 to 10%, like for like'”notching up an impressive performance given the current economic backdrop.'

Each of the group...s divisions and geographic sectors enjoyed new growth over the first half of 2010. The food and beverage group now accounts for 59.7% of the group...s sales, nutrition and health for 34.0%, and personal care for 1.1%. Europe and Africa account for 54.0% of group activity, North and South America for 35.9%, and Asia/Pacific for 10.1%.

Original source: Naturex

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