Firmenich Grows 6% in FY19, Investing in Cutting-edge Innovation and Leading in Responsible Business

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/ -- Firmenich recorded CHF 3.9 billion in net revenues, in progression of +6% in Swiss Francs versus prior year in its Fiscal Year 2019 (FY19). Expanding its reach with four acquisitions and eight new facilities, the Group invested CHF 390 million in R&D to deliver cutting-edge innovation, while addressing key societal challenges from nutrition and sanitation to renewable solutions.
"This year was marked by many strategic breakthroughs, from acquisitions in markets of the future, to key technology launches and a wealth of global recognition for our leadership in responsible business," said Patrick Firmenich, Chairman of the Board, Firmenich. "I extend my deepest appreciation to Gilbert and our 8,000 colleagues for setting new standards for Firmenich and our industry."
"I sincerely thank our customers for their ongoing trust that inspires us every day! We owe this year's results to the collective expertise and passion of my 8000 colleagues across our 100 markets, all committed to creating unique value for our customers and society," said Gilbert Ghostine, CEO, Firmenich. "At the very moment when new generations of consumers are demanding solutions for a healthy planet, I am proud to see Firmenich consistently recognized as a world-class environmental and social leader."
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First Published: Oct 09 2019 | 5:50 PM IST