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The Savonnerie de Nyons: favorable prospects











Photo credit © Reuters


(Boursier.com) — The Nyons soap factory, located in the heart of the Drôme Provençale, is a craft company manufacturing soaps, personal hygiene products and cosmetics. It is present in more than 50 countries around the world.

Over the first 6 months of the 2022 financial year, the turnover of La Savonnerie de Nyons fell to 1.4 million euros against 1.9 ME in the 1st half of 2021 which included a large Korean order . Over the period, the company remained impacted by the sharp rise in raw material prices and transport costs, which could not be fully passed on, and by a sharp slowdown in sales in Russia and Ukraine, linked to the Russian-Russian conflict. Ukrainian which seems to persist. However, the commercial dynamic remains strong. The Savonnerie de Nyons continued its commercial development in France and internationally around new strategic markets.

Outlook

Thanks to its dynamic order book and sustained development, La Savonnerie de Nyons announces favorable prospects for the second half of the financial year. The tension on raw material prices and on transport costs tends to ease while remaining at the high levels of before this strong inflationary period.

For the 2022 financial year, La Savonnerie de Nyons anticipates a turnover comparable to that achieved in 2021, after two years of very strong sales growth of +35% in 2020 and +20% in 2021.

The company remains confident about the continuation of its development. From 2023, La Savonnerie will be able to pass on new partial increases to its products.


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