Givaudan today marked the start of construction of a new innovation centre in Kemptthal, Switzerland, a CHF 120 million investment demonstrating its commitment to provide innovative solutions to customers in the flavour and fragrance industry.
Givaudan recorded a good start to the year. In the first three months of 2016, the Company recorded sales of CHF 1,152 million, an increase of 5.8% on a like-for-like basis, and 5.6% in Swiss francs compared to the previous year.
Establishing one unified identity is a key step towards our 2020 ambition to make Givaudan a significant player in the fast-growing active cosmetics business.
The Annual General Meeting of Givaudan SA took place on 17 March 2016. It was attended by 344 shareholders or proxies, representing 3,997,570 shares (43.29% of a total of 9,233,586 registered shares).
Givaudan has released its Sustainability Report 2015, outlining continued progress and strengthened strategic focus, and has published four stories focused on sustainable innovation.
Givaudan is celebrating the 10th anniversary of its customer TasteTrek® Citrus programme, with an Anniversary Global Citrus Flavour Collection inspired by a decade of exploring citrus in groves around the world. TasteTrek® is a foundational programme at Givaudan focused on exploring nature to discover new ingredients and varietals never before used in flavour creation.
Givaudan’s exclusive anthology tells the fascinating story of the flavour and fragrance industry and the profound impact smell and taste has on so many facets of our life. The book’s five authors explore the philosophical, historical, scientific and literary aspects of an industry that touches the emotions of millions of people around the world, every day.
Givaudan seeks to ensure responsible growth and shared success for its shareholders, customers and all key stakeholders. Over the next five years, the Company aims to outperform the market and deliver a continued strong free cash flow.