Elite distinction celebrates the highest level of excellence and achievement in the field of fragrance creation GENEVA, Sept. 14, 2022 /PRNewswire/ Firmenich, the world's largest privately-owned fragrance and taste company, has appointed three new Master Perfumers. Francois-Raphal Balestra, Wessel-Jan Kos and Haresh Totlani will join Firmenich's most prestigious group of Master Perfumers dedicated to Consumer Fragrances for Beauty and Home Care. They will be joining an exclusive elite of only nine Master Perfumers who have reached the highest level of excellence and achievement in their respective fields, while exhibiting exemplary leadership qualities and a lived commitment to Firmenich's values. "Firmenich's innovation and deep understanding of consumer habits and preferences enables us to deliver market-leading fragrances," Firmenich CEO Gilbert Ghostine said. "What makes us stand out is our perfumers' spark of creative genius. Their mastery make
Geneva (Switzerland], August 5 (ANI/PRNewswire): Firmenich International SA, the world's largest privately-owned Fragrance and Taste company, announces its Full Year Results for the 52 weeks ended 30 June 2022. Financial Highlights Revenue of CHF 4,723 million, up +11.1 per cent [1] Adjusted EBITDA of CHF 905 million, up +10.9 per cent Adjusted EBITDA margin 19.2 per cent, up +10 basis points Free Cash Flow of CHF 414 million, down -19.1 per cent, or -5.9 per cent on a comparable basis[2] EBITDA to Free Cash Flow conversion ratio of 51.8 per cent Record Revenue and Adjusted EBITDA, despite a challenging global environment for raw materials, logistics and energy costs Outperforming the industry in topline growth and gaining market share, underpinned by double-digit Revenue growth across both Perfumery & Ingredients and Taste & Beyond, on the back of improving customer demand Revenue growth across all regions, and strong momentum in our key geographies, including Europe (+18.
Geneva [Switzerland], August 3 (ANI/PRNewswire): Firmenich has unveiled its newly completed Taste & Beyond Pilot Plant in Anaheim, California, the long-standing home of its West Coast commercial business. The modern facility hosts a full range of capabilities and state-of-the-art equipment specifically designed to enhance collaboration and accelerate speed to market by preparing customers for scaled-up production. The Pilot Plant is an important part of Firmenich's commitment to accelerate diet transformation by empowering brands with the end-to-end capabilities to create enjoyable eating and drinking experiences that are healthier and more sustainable. It was designed to turn around multiple prototypes and create small scale application samples in a short period of time for faster product innovation in all product categories, including savory, beverages and nutrition. California has long been a center of activity within the food & beverage industry and has recently evolved
GENEVA, July 12, 2022 /PRNewswire/ Firmenich, the world's largest privately-owned fragrance and taste company, is proud to announce the appointment of Dr Eric Frerot as Distinguished Scientist. This nomination acknowledges his successful track-record within R&D, his instrumental role in breakthrough innovations, and his consistent exceptional performance in the field of science. He is one of only seven scientists inside the company to have ever received this coveted title. "I am delighted to celebrate the nomination of Dr Eric Frerot as Distinguished Scientist. His valuable contributions have had a profound, long-lasting effect on the industry and have influenced the next generation of scientific professionals. Science and innovation are the heart of Firmenich and our science community is at the very core of our success," said Firmenich CEO Gilbert Ghostine. "No other comparable company mobilizes such a comprehensive array of research activity to define the fut