Givaudan: Good Start to the Year

Givaudan started the year with a good business momentum.

The Luxonomist. 15/04/2016

In the first three months of 2016, Givaudan recorded sales of CHF 1,152 million, an increase of 5.8% on a like‑for‑like basis, and 5.6% in Swiss francs compared to the previous year.

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Givaudan. Click for more information

Givaudan started the year with a good business momentum, whilst the project pipeline and win rates were sustained at a high level. This good growth was achieved against relatively low comparables in 2015.

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Givaudan. Click for more information

The Company’s 2020 ambition is to create further value through profitable, responsible growth. Capitalising on the success of the 2011-2015 strategy, Givaudan’s 2020 ambition is built on the three strategic pillars of growing with its customers; delivering with excellence; and partnering for shared success.

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Givaudan. Click for more information

Ambitious financial targets are a fundamental part of Givaudan’s strategy. «We aim to outpace the market with 4-5% sales growth and a free cash flow of 12-17% of sales, both measured as an average over the five-year period of our strategy cycle. It is Givaudan’s intention to maintain its current dividend practice as part of this ambition.» said Givaudan.

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