Eurofragance revenue grows by 13% in 2015

By

Barbara Santamaria

Published
May 5, 2016

Barcelona-based Eurofragance said revenue grew by over 13% to €63.1 million (about $72 million at actual exchange rates) in 2015 thanks to good performance across all markets, particularly America, Asia and the Persian Gulf.

In the last year, the company dedicated to the design and production of fragrances invested €4.6 million ($5.2 million) in two new creative centres in Dubai and Singapore, and an improvement plan for the installations and production capacity in the affiliate in Mexico.

The company’s workforce also increased in numbers by 10%, totalling 222 employees at present. Among the most notable additions are the company’s new HR Director, Marta Moseguí, and R&D Director Carlos Llorca.

Eurofragance is a family-owned business with presence in more than 60 countries across five continents. In addition to affiliates in Turkey, Mexico, Dubai and Singapore, the company has manufacturing plants in Barcelona and Mexico D.F., as well as exclusive distribution in the Philippines.