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).
Personal care giant Unilever’s various growth strategies are enjoying positive results, according to a new company profile from Euromonitor. We take a look at what it’s getting right.
Ineos Oxide says its investment to expand production of Ethyl Acetate (EtAC) at its facility in Hull, England, is the first major investment in manufacturing since the Brexit referendum.
French cosmetics giant L’Oréal has strengthened its position as the world’s top beauty brand, while Brazil’s Natura and Avon both take a tumble under tough market conditions.
Estée Lauder Companies’ results might have come in above Wall Street’s expectations for the past 18 quarters, but Goldman Sachs has taken the decision to downgrade it.
Fourth quarter results for fragrance and luxury cosmetic player Inter Parfums missed the mark, with sales hit by currency translations and profits missing forecasts.
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.
It’s been a busy week for Coty, with announcements for another big acquisition, reorganization plans and now first quarter results that show profits are up while revenues are down.
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.
Avon Products revealed that revenues for the current quarter slipped by 17% as the company continues to do battle in the face of a strong US dollar that is impacting its international business.
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.
Financial investors service Moody’s has downgraded its rating for Avon for the second time in less than a year following weak financial results published last week.
Avon Products reported sales down 18% to $1.8bn for its first quarter, a figure that resulted from the double impact of currency headwinds and weak North American sales.
Inter Parfums has become the latest in an increasingly long list of cosmetic players that have been hard hit by the continued buoyancy of the US dollar against international currencies.
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.
Avon has warned that the stronger dollar could have a big effect on this year’s sales as fourth quarter sales were down thanks to the currency situation, and it may continue throughout 2015.
Procter & Gamble saw its second quarter earnings take a hit with the strong dollar having a big impact, setting up a challenging year for the Ohio-based firm.
After being negatively impacted by the devaluation of the ruble, cosmetics giant Oriflame has revealed its’ plans to speed up the level of price increases in Russia in the coming year.
Germany-based personal care manufacturer Henkel has reported good growth in revenues, particularly in emerging markets, but gains were undermined by the negative effects of foreign exchange rates.
L’Oreal reported a weak third quarter for 2013 as sales in some regions were affected by market slowdowns and higher-than-expected inventory reductions in distribution.
Direct sales cosmetics player Oriflame has reported a dip in sales, while the bottom line also takes a big hit as the company struggles against continued challenges across Europe.
IFF has reported strong growth for its second quarter, driven mainly by an exceptional performance in the fragrance division, together with gains in all geographical regions including Europe.
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.
Avon Products reported virtually stagnant sales during the fourth quarter, while losses deepen on restructuring charges, but the results beat expectations.
The personal care packaging manufacturer is to close two of its European sites and restructure twelve of its facilities in a bid it says, to boost future growth in the region.
Fragrance player Inter Parfums saw its net sales drop for the third quarter ended September 30, 2012, despite results in the US making up for losses from its European operations.
Negative currency translations and reduced demand for beauty and personal care, particularly in the European market, forces global packaging player Aptar to restructure its operations.
Estée Lauder reported good sales growth in all regions except for Europe, where economic problems mean consumers are having to cut back on their spending.
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.
Privately-owned Swiss ingredients company Givaudan has revealed full year results that underline the impact of a strong Swiss franc on its business operations.
Avon third quarter US dollar sales were virtually flat, while a renewed SEC probe into bribes in China meant the company’s stock value has plummeted to a year low.
P&G first quarter profits were slightly down on higher commodity costs despite sales taking a big leap, but the outlook is more challenging as currency gains are expected to be wiped out.
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.
Givaudan announced a big dip in its sales for the third quarter, although strong local currency sales growth stresses the underlying strength of the business.
Swisss specialty chemicals player Clariant says a softening of the global economy and unfavourable currency exchange are likely to impact its profits for the full financial year 2011.
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.
Swiss flavours and fragrance giant Givaudan announced a healthy increase in local currency sales but currency translation and raw material costs hit the bottom line.
French organic cosmetics company L’Occitane has posted an overall growth percentage for Q1 despite disappointing results in two of its largest markets.
Swiss fine chemicals player Clariant says it is raising its 2011 sales and profits margins in the light of a stronger-than-anticipated performance in the first part of the year.
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.
Oriflame has revealed that its profits for the fourth and final quarter as well as full year 2010 increased significantly on the back of sales gains and positive exchange rates.
