Eurofragance Strengthens Market Position with €180M in Sales for 2024

SINGAPORE, April 29, 2025 /PRNewswire/ -- Spanish fragrance house Eurofragance releases its financial results for 2024, showing unprecedented growth. With a 27% sales increase reaching €180 million like-for-like, the company continues to build on its strong upward trajectory year after year.

This performance underscores Eurofragance's strategic focus and commitment to excellence across all regions and product categories. Juan Ramón López Gil, the company's CFO, says: "Achieving €180 million in sales is a testament to our initiatives and the dedication of our teams. Each region's contribution has been instrumental in achieving these results and our financial discipline and focused strategies will continue to drive our success."

Widespread Expansion Across Categories and Regions

Eurofragance's results were driven by strong performances in key regions and product categories. All regions recorded significant growth in 2024, ranging from 19% in the EAT region (Europe, Africa, and Turkey) to 30% in IMEA, with APAC standing out with a strong performance at 23%. Joan Pere Jimenez, Chief Market Officer, adds: "We are capitalizing on the rapid development of dynamic markets such as Vietnam and Thailand. We are also benefiting from positive market trends in Indonesia where rising disposable income is fueling demand."

The multinational's diverse product portfolio also helped shore up significant gains. The Fine Fragrance category experienced a 28% upswing, while the Home and Personal Care segments saw a 20% increase. This cross-category progress highlights Eurofragance's ability to meet the demand of its customers in their expansion when it comes to offering them the right fragrances to grow their brands.

Expansion Fueled by Strategic Investments and Innovations

In 2024, Eurofragance continued to invest in strategic initiatives to support its growth. As part of this effort, the company is currently renovating its facilities in Singapore, including both the factory and the creative center, as well as renewing its premises in Jakarta, Indonesia. The fragrance house's expansion and optimism regarding the future are also evident in its commitment to talent. With new hires across all affiliates and substantial investment in its professional development academies and its talent management program, Eurofragance's workforce grew by 15% in 2024.

The Spanish fragrance house also launched Euphorionâ„¢, its first synthetic addition to its ICON Captives collection, a perfumery ingredient that offers a new take on freshness in the perfumer's palette. Laurent Mercier, who has been at the helm of Eurofragance as CEO for the past seven years has played a key role in the accelerated development of the company and its foray into the design of proprietary fragrance ingredients. Mercier explains: "Our disciplined approach to growth and strategic investments in key areas have allowed us to maintain our reputation as a leading player in the fragrance industry. The strategies we have in place will ensure our sustained expansion, and our commitment to innovation will continue to drive our success in the years to come."

Relentless Commitment to People and Planet

Eurofragance remained steadfast in its commitment to sustainability, earning the highest possible rating from EcoVadis with a Platinum medal. The company's dedication to community engagement was and continues to be evident through its participation in programs such as "Empowering Women's Talent" and "Diversity Leading Company" both organized by the top-tier Human Resources media outlet in Spain Equipos&Talento. Additionally, Eurofragance collaborated with Hospital Sant Joan de Déu Barcelona and MartiDerm dermocosmetics company on a solution for fish odor syndrome, which received a silver medal award at the VPC Green Beauty Awards.

Eurofragance's performance in 2024 reflects its strategic vision, innovative spirit and commitment to its people, sustainability and community. As the company looks to the future, it remains dedicated to driving growth and delivering value to its customers and stakeholders.

About Eurofragance

Eurofragance manufactures and markets the highest quality fragrances for worldwide brands in fine perfumery, home, personal and air care. The company is a privately held B2B enterprise founded on family values in Barcelona in 1990 and currently has over 550 employees.

Driven by a passion for perfume and the entrepreneurial spirit of its founders, Eurofragance first grew in Europe and the Middle East, before taking on the Far East and the Americas. The company is now represented on five continents; runs its own plants in Spain, Singapore and Mexico; and works with manufacturing partners in China and India.

Eurofragance's international network of Creative Centers and outstanding manufacturing capabilities enable it to create and deliver fragrances around the world. Over the years, Eurofragance has cultivated lasting relationships and has grown hand in hand with its partners.

Eurofragance is wholeheartedly invested in addressing sustainability issues and its decision-making process is built around strategic initiatives supporting this cause. The company spearheads activities around four major axes: safety, community, business ethics and resources.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Eurofragance Strengthens Market Position with €180M in Sales for 2024

SHANGHAI, June 14, 2025 /PRNewswire/ -- Nestled along Sanmen Bay in the heart of China's "Golden Coastline," a waste-to-energy plant stands as a beacon of innovation and sustainability. Operated by SUS ENVIRONMENT—the world's largest provider of waste incineration technology and a top three global investor in waste-to-energy projects, this coastal facility has become the county's most unexpected tourist attraction.

Beyond its groundbreaking waste-to-energy technology and solutions, the plant is celebrated for its deep commitment to community engagement.

Cutting-Edge Technology for a Cleaner Future

The facility employs SUS ENVIRONEMNT proprietary high-calorific waste incineration technology, featuring a modular design that adapts to diverse waste. Emissions surpass the stringent EU Emission Standard, while wastewater is fully recycled within the plant. In 2024, these efforts earned it the title of Water-Saving Enterprise of Zhejiang Province.

Architecture in Harmony with Nature

Inspired by the surrounding landscape, the plant's design embodies the philosophy of "Mountains Integrate Waters," blending seamlessly with the coastal scenery. But its harmony with the environment extends beyond aesthetics—the facility also serves as an environmental education hub. Through interactive workshops and community events, it has redefined its role as a guardian of both nature and public awareness.

A Shared Space for Growth

The plant fosters a symbiotic relationship with the local community. Employees regularly engage with residents, sharing insights into sustainable living. By providing communal facilities such as basketball courts, the plant deepens its bond with the local community. "We love spending weekends here—sipping coffee, enjoying the view, and appreciating how the plant coexists with nature," one resident remarked.

For SUS ENVIRONMENT, every project is more than infrastructure—it's a commitment to a greener, more connected world.

About SUS ENVIRONMENT

SUS ENVIRONMENT is the global leading comprehensive environment provider. As of December 2024, SUS ENVIRONMENT has established 11 management centers worldwide, providing environmental and energy services to over 100 million people. It has invested in and constructed 89 waste-to-energy projects (low-carbon Eco-industrial parks), with a daily processing capacity nearly 120,000 tons of municipal solid waste and annual green power generation of approximately 18,000 GWh. Its equipment and technology are applied in 287 waste-to-energy plants across the world, comprising 532 incineration lines, with a daily capacity over 300,000 tons of municipal solid waste.

* Data from the Open Data of AVP Research (Total Design Scale)

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

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