Turnover surges at global fragrance maker

Turnover at a global fragrance producer surged throughout its newest monetary yr, in line with new paperwork.

CPL Aromas (Holdings), which is headquartered in Brixworth, Northamptonshire, has reported a turnover of £120.2m for the yr to 31 March 2020, up from £105.3m in 2019.

Its pre-tax income went from £5.2m to £5.7m over the identical interval.

The enterprise, which has one other UK base in Bishop’s Stortford, has operations across the globe in Europe, Asia, Central and Latin America, the United Arab Emirates and Australia. 

An announcement signed off by the board stated: “The group’s outcomes for the monetary yr 2019/20 show continued development and success throughout the enterprise.

“This is regardless of the unfavorable impression of the Covid-19 pandemic in the direction of the tip of the interval, significantly on our enterprise within the Far East the place the pandemic first grew to become obvious.

“Our acquisition of the fragrance enterprise of Aromatic Flavours & Fragrances Ltd considerably contributed to the expansion achieved in 2019/20 and displays the strategic worth that the group has realised by means of this acquisition.”

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