Firmenich International SA, the privately-owned Perfume and Taste company, has announced its Full Year Results for the 52 weeks ended June 30, 2021.
 
Revenue reached CHF 4,272 million ($4,682 million), up +10.2% year-over-year on a reported basis, and +4.7% on an organic basis at constant currency. Perfumery & Ingredients Revenue increased +4.4%, on an organic basis at constant currency, driven by the rebound in Fine Fragrance and strong customer demand in Ingredients.
 
In the second half of the year, the company saw an acceleration in revenue growth, with continued momentum from its perfumery and taste divisions, and a strong rebound in Fine Fragrance, which grew by +39%, on an organic basis at constant currency.
 
Furthermore, Firmenich achieved double-digit revenue growth in the key markets of North America, China, and India, on an organic basis at constant currency.
 
“Firmenich achieved solid performance in a challenging year, demonstrating the strength of our business. I am proud and thankful for the dedication and commitment of our people that delivered these results. Throughout the year, we have continued to invest to position ourselves for the future, and I believe we are well placed to capture the opportunities that will arise after the crisis,” said Patrick Firmenich, chairman of the Board.
 
“I am grateful for the dedication and energy that our people have demonstrated in this challenging time. We delivered strong revenue growth and cash generation across the business, with double-digit growth in the key geographies of North America, China and India. We continued to make progress on the integration of our acquisitions and accelerated our innovation to help our customers win bigger in the post-pandemic world,” added Gilbert Ghostine, CEO of Firmenich.