Dabur International, the UAE-based subsidiary of Indian consumer goods company Dabur, has announced 20% organic growth over the past 12 months. Dabur International has also been able to enter 8 new country markets in addition to currently supplying over 5 million retailers in more than 100 countries.
The company has reported a compound annual growth rate (CAGR) of 40% over the past few years and earnings before interest, taxes, depreciation, and amortization (EBITDA) of over 20%. Dabur, globally, has a market capitalization of around $4.1 billion, with 18 manufacturing plants operating worldwide.
New product developments have contributed more than $272,000 (AED1 million) in sales over the past six months, with Vatika shampoo and conditioner posting the fastest category growth at 24%. Dabur’s new products include its Vatika Naturals hair colour, Vatika styling gel cream, Vatika hair mayonnaise, Dermoviva skin serums, Vatika henna hair colours, and Dabur herbal toothpaste.
Based on the results of the past few months we expect to post record revenues and further heighten our global presence and reputation through the year’s end,” says Mohit Malhotra, CEO, Dabur International.
Words by Farimah Moeini, Snapchat Head of Industry – Retail and Travel TheJuly 5, 2021 | By RetailME Bureau
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