Robertet announces growth despite a difficult context in 2023

The Robertet group has published its financial results for the year 2023, revealing an increase in its turnover of 2.6% to reach 721 million euros. This performance is highlighted as being solid in an environment marked by inflation in the costs of raw materials and energy. At constant exchange rates, the growth is even more significant, with an increase of 5.5%.

The group's EBITDA also improved, increasing by 3.6% to €133 million, despite continued pressure on margins. This progression demonstrates the robustness of Robertet's business model. Nevertheless, the group's net profit fell slightly to 74.6 million euros, down 1.9% compared to 2022, partly due to the increase in financial costs.

The company attributes these results to the growth of three of its four divisions, with special mention for perfumery and flavors, which experienced significant growth. The company's internationalization strategy is also highlighted, notably with the acquisition of Sonarome in India.

Robertet is optimistic for 2024, reporting an excellent start with a 10.6% increase in its turnover in the first quarter compared to the previous year. A dividend of 8.50 euros per share will be proposed at the general meeting of June 12, 2024, identical to that of the previous year.