Keystone-SDA
The flavors and perfumes giant Givaudan recorded increased results during the 2024 financial year. The board of directors will be able to propose to its shareholders a dividend of 70 francs compared to 68 francs a year earlier.
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January 24, 2025 – 06:35
-(Keystone-ATS) From January to December, Givaudan’s turnover increased by 12.3% to 7.4 billion francs, indicates a press release published on Friday.
Concerning profitability, gross operating profit (Ebitda) is posted at 1.7 billion francs, an increase of 19.8%. The related margin reached 23.8% compared to 21.3% a year earlier. Thus the net profit reached 1.1 billion, or 22.1% more.
These results meet the expectations of the AWP consensus, whose analysts expected total revenues of 7.4 billion, organic growth of 12.1% and a net profit of 1.11 billion.
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