Croda International Plc's fragrance and flavor business, comprising Iberchem, Parfex and Scentium, has reported fiscal 2025 sales growth of 15% at constant currency, totaling €380 million.
The business exceeded financial targets and achieved a new sales record, per Croda, driven by what it described as disciplined execution and strong momentum across all three brands. Double-digit growth was fueled by a loyal customer base and expansion into new white space markets, strengthening its global footprint.
Croda is forecasting ongoing growth driven by a new site in China for R&D and production (following up on a site first established in 2002), an expansion of production facilities at the Parfex and Iberchem headquarters, and ongoing positive results driven by Parfex's Barcelona-based creative center and expanded production facilities at Scentium's headquarters.
Sandra Breene, president of consumer care at Croda, commented, “I am delighted with the achievements of our F&F business. By delivering consistent year-on-year growth and leveraging meaningful synergies across the Croda Group, it continues to be a key pillar of our consumer care business.”
José Balibrea, managing director of Iberchem and VP of fragrances and flavors at Croda, added, “We are proud of the solid results delivered over the year, particularly given the demanding market backdrop and high prior-year comparables. This year marks our fifth anniversary since joining Croda, during which time we have doubled annual sales. This performance reflects the strength of the Iberchem business model, one built on agility, continuous innovation and deep customer intimacy. These attributes enable us to consistently create value for our partners.”
