date:Jul 26, 2021
ent, resulting in a net profit margin of 14.3 percent versus 12.8 percent in 2020. Basic earnings per share were CHF 52.19 (US$56.60) versus CHF 44.81 (US$48.59) for the same period in 2020.
Givaudans financial position remained solid at the end of June 2021. Net debt at June 2021 was CHF 4.7 billion (US$5 billion), up from CHF 4 billion (US$4.3 billion) at the end of December 2020 and CHF 4.6 billion (US$5 billion) in June 2020. The leverage ratio was 5 percent compared to 50 percent at the en