Pursuing ambitious targets
“Our vision is to be our customers’ essential partner. Together, we create tastes and scents that delight consumers, stir memories and touch people’s emotions. We surprise with our creativity inspired by discovery, innovation and insightful consumer understanding. As we create the next essence for people to enjoy, we aspire to increase our market leadership and deliver a higher return to shareholders.” Gilles Andrier, CEO
Ambitious mid-term guidance
In 2010, Givaudan set itself ambitious mid-term financial targets. By executing our five-pillar growth strategy, we deliver on these goals: sales and market share gains that outperform the underlying market growth, achieving industry-leading EBITDA margins, an annual free cash flow (FCF) of 14-16% of sales in 2015, whilst returning over 60% of FCF to shareholders. See our disclaimer.