Earnings Releases
"We recently celebrated Genomma’s 25-year anniversary of delivering value to our many important stakeholders. The commemoration was also an opportunity to reflect on our Company’s commitment to strong sustainable growth through innovation and disruption. This long-term vision enabled another consecutive quarter of exceptional top-line, operational and profitability results despite the challenging operating environment, driven by an increased market presence with exciting line extensions, new formulations, and product launches during the quarter. Genomma’s success in this regard underscores our Company’s resilience, and our ability to flexibly adapt to consumers’ needs. However, it’s also testament to our operating management team’s considerable skill and experience, particularly our strengthened supply chain team, and their ability to maximize our potential by leveraging and expanding our innovation, portfolio and brands’ success throughout new channels and markets.” He added: “The GMP certification we were granted for our solids and semi-solids manufacturing facility during the third quarter was another important milestone in optimizing our supply chain- one of the four pillars of Genomma’s growth strategy. Our new fully-operational industrial cluster enables us to improve product quality and our overall value proposition while reducing manufacturing costs and inventory levels, with an improved cash conversion cycle.”
Jorge Brake
Chief Executive Officer
October 27, 2021
