Robertet: nearly 3% increase in annual sales
While sales contracted by 9.6% in its raw materials division, they rose in its health & beauty (+3.9%), flavours (+5.1%) and above all fragrance (+9.3%) divisions, 'driven by the great success of emerging brands and their international expansion'.
In terms of profitability, the Grasse-based group expects its EBITDA for fiscal 2023 to rise, but its EBITDA/Sales ratio to be slightly down on the previous year's 18.3%.
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