date:Jul 26, 2021
ITDA of Taste Wellbeing increased to CHF 434 million (US$471 million) from CHF 401 million (US$435.3 million) in 2020, an increase of 8.4 percent, with continuing productivity gains and cost discipline contributing to the increase.
The EBITDA margin increased to 24.0 percent in 2021, from 22.7 percent in 2020. On a comparable basis the EBITDA margin of Taste Wellbeing was 24.3 percent in 2021 compared to 23.8 percent in 2020.
The operating income increased to CHF 312 million (US$338.6 milli