EUROFRAGANCE CLOSES 2018 WITH € 78M OF TURNOVER

Barcelona, ​​June 6th, 2019. Eurofragance closes 2018 with 78 million euros of turnover, 8% more than in the previous year. These figures reaffirm the success of the company’s strategic growth plan that maintains its strong investment plan.

The company has invested more than 10 million euros in the last 3 years to improve and modernize facilities and processes, as well as to expand geographically. Among the most important ones are the start-up of the plant in Singapore, the ERP-SAP implementation in subsidiaries or the investment in project management systems. 

Eurofragance’s growth extends to more mature markets such as Spain, where the company has experienced an increase of 6%; like in more recent markets like the one of the United States where it entered with the acquisition of a majority participation of Fragrance Design LLC (Atlanta) in 2017 and in which also registers a growth of 29%.