date:Jul 26, 2021
o the excellent financial results and a strong contribution from our 2025 strategic growth areas, says CEO Gilles Andrier.
Among its targets for 2025, Givaudan is aiming to achieve organic sales growth of 4 to 5 percent on a like-for-like basis and free cash flow of at least 12 percent, both measured as an average over the five-year period strategy cycle.
Financial performance
Givaudans gross profit increased by 8.9 percent from CHF 1.4 billion (US$1.5 billion) in 2020 to CHF 1.5 billion (US$1