The fragrances and flavors (F&F) division of Croda International Plc, which encompasses Iberchem, Parfex and Scentium, today announced historic results for 2025, with sales growth of +15% at constant exchange rates, reaching 380 million euros. Despite a complex global environment, the business has exceeded financial targets with positive results across all three brands.
This year's success has been driven by the successful execution of the business's strategic roadmap and continued commercial expansion. The new sales record once again represents consistent double-digit growth, which underscores the strength of a model based on deep customer proximity and the robustness of its portfolio. This increase has been supported by the balance between the organic expansion of its regular customers and the successful leveraging of new opportunities in unexplored markets, which has further diversified the division's geographical presence.
Sandra Breene, President of Consumer Care at Croda, comments: "I am pleased with the achievements of our F&F division. By delivering consistent year-on-year growth and leveraging significant synergies across the Croda Group, it is consolidating itself as a fundamental pillar of our Consumer Care business."
José Balibrea, CEO of Iberchem and Vice President of Fragrances and Flavors at Croda, added: "We are proud of the strength of the results obtained this year, especially considering the demands of the current market context and the very high figures we achieved in the previous year. This year marks our fifth anniversary since we joined Croda, a period during which we have doubled annual sales. This performance reflects the strength of Iberchem's business model, based on agility, constant innovation, and close proximity to the customer. These attributes allow us to create sustained value for our partners worldwide."
Next year, the division plans to continue growing, with a series of strategic initiatives that include: the commissioning of a new plant in China, which will entail a new and extensive integrated R&D and production center after our first R&D and manufacturing plant completed in 2002; and the expansion of the production facilities of Parfex and Iberchem at their respective headquarters, to further strengthen their capabilities. In addition, the investments carried out recently are already generating positive results, with a remarkable performance from the new creative center opened in Barcelona, the new R&D center of Parfex and the expansion of the production facilities at Scentium's headquarters.