Croda has revealed continued strong growth for its third quarter, a result that it says has been driven by a particularly strong personal care business and one that keeps it on track for its full year targets.
L’Occitane has released its FY2017 results, and sees its net profit up 16.2% to EUR 132.4 million, the highest since its listing, while gross margin reached a ‘historical high’ of 83.3% (up 0.5 points).
Oriflame saw Euro sales dip in its fourth quarter and yearly figures, but with local currency sales up, growth in some developing markets, and by utilising price initiatives to offset certain devaluation, the company has managed to beat expectations.
Oriflame reports better-than-expected second quarter earnings with sales rising 4% in the third quarter so far too, thanks to successes in Latin America, Turkey, Africa and Asia as the company still contends with a tough climate in Russia and Ukraine.
Procter & Gamble has announced a disappointing set of financial results as sales drop for the sixth consecutive quarter and profits take a massive hit on unfavourable currency exchange and Venezuela charges.
Procter & Gamble has made big cost reductions and is on the verge of significantly slimming down its brand portfolio, but currency exchange is set to throw up another obstacle to its recovery plans, an industry analyst believe.
Fragrance player Inter Parfums saw fourth quarter sales exhibit a double-digit decrease in the company’s key European market, leading to an overall drop for the period; although full year saw record results.
The Sweden-based direct sales provider has reported steady local currency sales for its fourth quarter, a figure that was up on the previous third quarter when sales were hard hit by the European economy.
Swedish cosmetics maker Oriflame saw strong sales growth in Asia, Africa and Latin America once again for the second three months of the year, although admits that figures in Europe and CIS fell just short of expectations.
Kimberly-Clark posted record sales income for the third quarter, boosted by a combination of a weak US dollar, higher sales volumes and higher prices for certain products, but net income takes a tumble, as does the outlook.
The five biggest international finished goods manufacturers continue to post improved results, although rising costs, currency translation and sluggish developed markets continue to throw up challenges.
Speciality ingredients supplier Naturex has posted strong growth for the first quarter and despite it remaining a small part of its operations, the company still holds out hope for its personal care business.