CPL Aromas achieve record sales of $102 Million for the year ended 31st
Turnover for the year rose 3.8% to a record £62.3 M ($102.1 M) for the yearended 31st March 2013 according to the company’s audited accounts which have just been published.Sales improved in key target markets for the group and were particularly strong in the Far East, India and South America.
Aside from the financial highlights; 2013 was also a year of significant investment for the group. The business spent heavily on R&D helping to maintain its position as a leading innovator in the fragrance industry. April 2013 saw the launch of Aromacore, CPL’s exclusive encapsulation technology that delivers longer lasting fragrances for a number of applications including the laundry sector.
Other investments include the completion of the company’s purpose built facility in Mumbai incorporating a Creative Perfumery Centre, Sales, Marketing and Evaluation. The group continued to invest in and improve its infrastructure throughout the world during the year. The UK’s Brixworth site commissioned new automated compounding facilities with the addition of a Fricke C1 that is designed to complement the existing C3 unit maximising efficiency and improving customer service.
Commenting on the company’s results for 2013 Group CEO Chris Pickthall said “Surpassing sales of $100 M is a great achievement for CPL Aromas and I am proud of the progress we have made in the last year. I am grateful to all our customers and other partners for their support and loyalty throughout this period. These results show that CPL is an important player in the Fragrance Industry; however we maintain our Spirit of Independence that makes our company unique in the market place”. The group continues to support the valuable work of CAFOD who are committed to help building a world free of poverty and injustice. The company was able to donate £140 K to CAFOD in the year to assist their charitable works throughout the world.
CPL Aromas is an international fragrance house, headquartered in the UK, with manufacturing, sales and creative centres throught the world.
