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France’s Boiron Looks To Future After Challenging Year

 
• By Tom Gallen

The homeopathy specialist reported a big decline in profits in 2024 as a move to restructure its ailing French operation hit the bottom line.

Homeopathy
• Source: Shutterstock

An organizational shake-up in France instituted to turn around ailing performance left earnings at homeopathy specialist Boiron down almost two-thirds in 2024.

The Messimy, France-based firm posted a drop in operating profit of 62.8% to €15.7m ($17.2m) for the 12 months as it racked up €20.5m in costs related to the reorganization. This project involves eliminating 145 jobs at its homeopathy operation in France along with a four distribution centers. Boiron said the cuts were necessary in light of a major decline in sales since the French government

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