Eurofragance Hits €180M in Sales with 27% Growth in 2024
Spanish fragrance manufacturer Eurofragance reported a record €180 million in like-for-like sales for 2024, reflecting a robust 27% year-on-year growth. The company's strategic investments, strong regional performances, and innovation-driven portfolio contributed to this surge across all categories and geographies.
CFO Juan Ramón López Gil attributed the milestone to focused strategy and team dedication, while Chief Market Officer Joan Pere Jimenez highlighted growth in fast-developing markets like UAE, Saudi Arabia, India, Indonesia, and Turkey. Growth was notable across product lines, with Fine Fragrance up 28% and Home & Personal Care rising 20%.
Strategically, Eurofragance expanded its footprint with a new creative center in Mumbai, boosted its workforce by 15%, and launched Euphorion™, a fresh addition to its ICON Captives synthetic ingredients line. CEO Laurent Mercier emphasized that investment in talent, innovation, and proprietary ingredients continues to secure Eurofragance's global leadership.
On the sustainability front, the company earned EcoVadis Platinum and participated in inclusion and health initiatives, receiving accolades like the VPC Green Beauty Silver Award.
With continued emphasis on sustainability, innovation, and talent development, Eurofragance is well-positioned for long-term global expansion.
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