2022 Half year results
Solid business performance in a challenging environment
Givaudan Group sales for the first six months of the year were CHF 3,652 million, an increase of 6.2% on a like-for-like basis and 8.3% in Swiss francs.
2021 Full year results
Strong start to the 2025 strategic cycle
Givaudan Group full year sales were CHF 6,684 million, an increase of 7.1% on a like-for-like basis and 5.7% in Swiss francs when compared to 2020.
- Like-for-like excludes the impact of currency, acquisitions and disposals.
Committed to Growth, with Purpose
Givaudan’s current five year strategic planning cycle aims to deliver sustainable value creation for all stakeholders between 2021 and 2025.
Despite operating in a particularly challenging external environment we have again demonstrated the resilience of our business and our strong focus on supporting the growth of our customers around the world. In the first half of 2022, we had strong business performance with good sales across the portfolio and markets.
We have consistently demonstrated the value that we create for our customers and we remain confident in Givaudan’s broad range of capabilities, as our creative expertise forms a systemically important part of the overall food and beverage and consumer products value chain.
With visibility being relatively short in the current operating environment, we are strongly focused on maintaining our supply chain at high levels so that we can continue to serve our customers around the world. At the same time, we continue our disciplined approach to cost and cash management throughout the business, whilst also continuing to balance our growth oriented investments.
Overall, we will continue to have close alignment to our purpose, creating for happier healthier lives with love for nature and a strong focus on our ambitious targets for 2025, aiming for average organic growth of 4‑5% and average free cash flow of at least 12%. In addition, we have non-financial targets around sustainability, diversity and safety, all linked to the Company’s purpose.