Spanish ingredients firm Naturex has hailed an “excellent” start to the year, as revenues increased in the first half.
Revenues for the six-month period rose 15.4% to EUR112.8m (US$148m).
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As a result, the firm said today (29 July) that it now has a “clear head start” on its targets for 2010, notching up what it describes as “an impressive performance” given the current economic backdrop.
Each of the group’s divisions and geographic sectors enjoyed new growth during the first half.
Food and beverage now accounts for 59.7% of group sales, nutrition and health for 34% and personal care for 1.1%.
Europe and Africa account for 54% of group activity, North and South America for 35.9%, and the Asia/Pacific region for 10.1%.
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By GlobalDataJacques Dikansky, president and CEO, said: “This excellent start to the year has strengthened our position as the world leader in specialty plant-based ingredients – a sector with a strong market potential that is set to stay.”
