Robertet reports net income of 39.9 million euros for the first six months of the year, down 11.4%, but recurring EBITDA up 2.7% to 73.6 million, representing a margin of 19.6%.

Sales for the flavors and fragrances group came to 376.4 million euros, up 4.9% (+4.4% organic excluding currency effects), following first-half 2022 growth of 20%.

Given the slowdowns and destocking in many regions, its sales growth target for 2023 as a whole is around 4%, while EBITDA profitability should approach the 2022 level.

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