First quarter sales at the German speciality chemicals company
remained steady and earnings before interest and taxes rose 10 per
cent on the prior year, giving chairman Professor Felcht cause for
an optimistic outlook for 2003.
In the first quarter of fiscal 2003, German pharmaceutical group
Henkel increased sales, adjusted for foreign exchange effects by
2.8 per cent, over the prior-year period to €2.3 billion. Before
adjustment, sales were 3.1 per cent...
Swiss pharmaceuticals group Roche warned that while work at its
vitamin C plants is proceeding as planned, short to mid-term supply
of the nutrient is expected to remain tight.
German pharmaceutical group Henkel has acquired a stake of 6.86 per cent in the
share capital of Wella. Through a subsidiary, the group obtained
4.99 per cent of the common shares and 10.38 per cent of the
preferred non voting shares.
Symrise - the new fragrance and flavour synergy. Just four months
after the European Commission gave equity group EQT the all clear
to buy two leading German-based fragrance and flavour producers -
Haarmann & Reimer and Dragoco...
Swiss fragrance and flavours company Givaudan has agreed with Swiss
chemical firm Roche to terminate supplies of sunscreen filters out
of the Givaudan Vernier site by end of 2003.
Rhodia Perfumery, Performance & Agro (PPA) has increased the
price - from five to ten per cent - for a large range of its
products, the company announced recently.
Unilever today announced that it has signed a definitive agreement
to sell its Elizabeth Arden business, brands and certain assets to
FFI Fragrances based in Miami Lakes, Florida, USA, for a
consideration of approximately $225 million...
US firm The New Silk Road has formed a manufacturing and marketing
partnership with ServiGlobe International Manufacturing, a contract
manufacturer based in Montreal, for skin and hair care products.
The largest advertising deal of its kind in the UK - worth £320
million (€500m) - has been signed by Unilever with Carlton Sales
and Granada Media Sales.
