The cash flows from operating activities, which amounted to USD 11.3 million in the first half and USD 7.7 million in the second quarter, together with the Group's robust equity structure, enabled the continued execution of Turpaz mergers and acquisitions strategy. Since the beginning of 2024, Turpaz completed 2 strategic acquisitions, which expanded its global presence - Sunspray (in South Africa) and Clarys Willich (in Belgium and Germany) With the expansion of the Company's activities and its acquisitions around the world, Turpaz sales in the global markets have reached 84% of its total sales The core businesses - the Scent and Taste segments, which constitute 90% of sales, achieved a double-digit organic growth Since it became a public traded company, Turpaz is ahead of the target it set itself of doubling the Company every 4 years Karen Cohen-Khazon, CEO and Chairperson of Turpaz Industries' Board of Directors: "We are proud to continue delivering record results in sales, gross profit, operating income and adjusted EBITDA, which reflect the execution of our combined growth strategy - organic growth with mergers and acquisitions. The robust growth, alongside an improvement in profitability, highlight our ability to successfully integrate our recent acquisitions and leverage the synergies between our Group companies. We continue to assess and promote further acquisitions from across the world, which are synergetic to our operations, while expanding our global presence and maximizing the value we provide to our customers across the world." TEL AVIV, Israel, Aug. 15, 2024 /PRNewswire/ -- Turpaz Industries Group (TASE: TRPZ) a global leading company in the field of development, manufacturing and marketing of flavor and fragrance extracts, functional ingredients and specialty fine ingredients for the food, beverage and the personal care industries, today publishes its results for the second quarter and first half of 2024, and presents organic and inorganic growth in accordance with the Company's strategy, as well as an improvement in profitability thanks to streamlining steps and the utilization of the synergies between the Group's activities.  Infographic - https://mma.prnewswire.com/media/2482629/Turpaz_1_Infographic.jpg Q2 2024 results: In the second quarter of 2024, Turpaz Group's revenues increased by 52.7% and amounted to a record high of USD 46.8 million, compared to sales of USD 30.6 million in the corresponding quarter last year. The increase ...