Unlike the global beauty group, which has shrunk by tens of billions of dollars, recently, the global flavor and fragrance giant, Chiverton, IFF and so on disclosed the latest financial results. Upstream raw materials manufacturers showed strong resilience, especially Germany and Chiverton, respectively, with 7.6% and 4% growth, leading the raw material industry.
In August 11th, FM released the first half of 2020, with a revenue of 29 billion 323 million yuan, an increase of 2.8%, an increase of 2.2% in flavoring and flavoring raw materials, and an 3.8% increase in flavoring business. Finmeiyi mentioned the impact of the epidemic on enterprises in the financial report. Home furnishing and high level perfume business have been affected by the global blockade policy and travel ban, and also have a chain reaction to the daily flavoring raw materials business. The strong performance of salty food, sugar reduction, personal care, physical care and home care has completely offset this negative impact.
Not only finmeiyi, but also the business data of other top brands spice groups also rose, and the overall performance of the industry was stable. According to Wharton data, it has a far way ahead of the sales volume of the group in the first half of the year, with sales of 24 billion 350 million yuan, far higher than the international flavor and fragrance company IFF 17 billion 709 million yuan and Germany's 14 billion 832 million yuan. In terms of growth, several other big spice companies, such as chiwharton, achieved adverse growth under the plague. In the first half of the year, these two companies alone increased by more than 2 billion yuan over the same period last year. In fact, it is not difficult to find that after the outbreak, consumers' demand for personal care and home health products increased, which also led to the upstream development. In the first half of the year, sales of household fragrances in family care and fabric care also increased by two digits in the first half of the year, and the two digit growth was achieved in the oral care business of Chiverton. According to the financial data of the company, the daily sales value of its daily flavour business was 11 billion 10 million yuan, up by 4.5% over the same period last year, and the flavour raw materials can also be seen as the core vitality of the industry.
Xiamen grass root blue industrial factory Yongan Lotus Hill natural perfume Co., Ltd., has more than 10 years of production experience in the production of flavor and flavor raw materials. Under the influence of the 2020 epidemic, we seize the draught of daily flavoring raw materials, increase the technology input of this series of products, continue to enhance the quality of products, and improve the technological transformation. At present, the output of flavors and raw materials for daily necessities has achieved a qualitative leap. In the case of global supply chain problems, we sincerely welcome customers at home and abroad to contact us, sincere cooperation, a total of big plans!