Perfumery & Beauty

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Reporting period

The Business Reviews include information from the combined entity for 12 months, which includes Firmenich as of 1 January 2023 (pro forma, see Concepts and ratios). It also includes information that is presented in accordance with IFRS, which includes Firmenich from the merger date onwards – whenever this is used this is specifically indicated.


Perfumery & Beauty delivered sales of €3,709 million and an Adjusted EBITDA of €783 million

As part of the merger that created dsm-firmenich, we combined Perfumery, Ingredients, and Personal Care to build a new integrated Business Unit, as top leader of the Perfumery & Beauty market

We reinvented fragrance encapsulation with PopScent Eco® Max – a breakthrough innovation that is the first range of capsules made with 100% biodegradable ingredients

We introduced ‘Wonder You’ products that offer scientifically proven solutions for skin and hair problems related to menopause

We created fragrances that can enhance well-being and are specifically designed to improve focus with EmotiCode™

We continued to invest in perfume compounding capacity and ingredients; we have commissioned a brand-new Habanolide® facility at our production site in southwest France and a new compounding facility in Turkey

We launched EcoScent Compass® Next Generation, our integrated, science-based impact measurement tool for eco-fragrance and our Re:New collection of renewable and upcycled ingredients

About Perfumery & Beauty

Formed as a result of the merger that created dsm-firmenich, Perfumery & Beauty (P&B) is a new integrated Business Unit, composed of the combination of: Perfumery, Ingredients, and Personal Care. P&B has a strong reputation in perfumery, supported by its major ingredients backbone, including a leading position in renewables and naturals and an industry-leading creation palette orchestrated by an exceptional team of perfumers.

Key priorities for P&B include green chemistry (scientific processes that respect planetary limits), conscious perfumery (the creation of sustainable fragrances and scents), and consumer-inspired innovation that delivers superior performance.

Achieving these priorities requires a combination of human creativity (on the part of our team of perfumers, scientists, and researchers, among others) and implementation of the latest scientific insights.

We place our perfumers at the heart of our creative innovation drive while providing them with the latest ingredients, technologies, and artificial intelligence tools, as well as the most recent insights from neuroscience and behavioral sciences. With this blend of capabilities, our perfumers can augment their creations, push the boundaries of performance, and develop solutions that meet our customers’ continually evolving needs and promote holistic well-being in consumers of their products.

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