Financial targets
Ambitious financial targets are a fundamental part of Givaudan’s 2030 strategy.
Over the next five years, we will continue to deliver sustainable value creation that benefits all. Our 2030 strategy ‘driving sustainable growth with customers’ is our intention to deliver growth partnership with our customers, and ambitious targets are an integral part of this strategy. We aim to achieve organic sales growth of 4-6% on a like-for-like basis and free cash flow of at least 12%, both measured as an average over the five-year period strategy cycle.
SALES GROWTH
4.0 – 6.0%
2026– 2030
average like-for-like1
sales growth
FREE CASH FLOW
> 12% of sales
2026 – 2030
average free cash flow2
as % of sales
PURPOSE COMMITMENTS
purpose-linked
targets
Driving sustainable growth with customers
At the heart of our business lies the relationship with our customers. Our mission is to empower them in developing innovative solutions that create exceptional experiences, resonating deeply with consumers. By prioritising collaboration and understanding their unique needs, we aim to drive sustainable growth that benefits not only our customers but also society and the environment.
Why
Our purpose
At the heart of our journey lies our purpose. It guides and shapes our business decisions and priorities as we move forward. Importantly, it is fully integrated into our overall strategy, ensuring that every aspect of our business reflects this commitment. Read more about our purpose.
What
Extend customer reach
Givaudan will extend its customer reach by inspiring its customers and continuing to extend its market reach to fast growing customer segments. This includes accelerating opportunities with local and regional customers, building on the strong growth achieved in the current strategy cycle, as well as with multinational customers.
Deepen geographical presence
Givaudan will deepen its geographical presence by intensifying its presence in high growth markets through offering more localised solutions, and amplifying investments in its established markets.
Expand categories and portfolio
Givaudan will expand its product categories and portfolio by elevating its core and selectively expanding in high value-added adjacencies in line with its purpose. In Fragrance & Beauty, the Company will continue to extend its capabilities in the premium biotech beauty actives market and in the full skincare and make-up solutions segment, building on the 2024 acquisition of b.kolor. In Taste & Wellbeing, the Company will expand its position in the speciality pet food ingredient market, and strengthen its existing ingredient portfolio in the wellbeing space with a focus on categories such as energy and mental wellbeing, weight management and women’s health.
How
Innovating for differentiating solutions
The Company’s goal is to enhance happier, healthier lives through its creations, bringing innovative, sustainable solutions that address customer needs and drive consumer preference. Through the Company’s annual investment of ~8% of its revenue into innovation, it aims to have a leading portfolio which brings enhanced consumer-relevant benefits around fragrance and beauty, health, wellness and nutrition, and makes use of sustainable technologies, including green chemistry and biotechnology, while maximising its data and AI capabilities.
Delivering value with excellence and agility
Givaudan will further develop its digital solutions to maximise value through consumer insights, tailored customer experience, and accelerated product development. The Company is investing in next-generation operations for competitive, reliable supply and faster market entry, with a focus on safety and sustainability. Additionally, Givaudan will equip its supply chain to effectively and flexibly manage the ever increasing complexity and risks, ensuring resilient performance and a competitive edge.
Caring for people, nature and communities
Givaudan is dedicated to fostering inclusion, building winning teams and enhancing the employee experience to be an employer of choice where talent is highly engaged and can thrive. Its commitment to safety includes achieving top environment health and safety standards by promoting a culture of care and ensuring compliance. The Company will leverage sustainability to support business performance and develop sustainable product portfolios while benefiting nature and communities through partnerships across its supply chains.
Read more about our key achievements in 2024
Like-for-like (LFL) is defined as: (a) sales calculated using the invoicing exchange rates of the prior year, (b) excluding sales of businesses acquired from the acquisition date until the period end date, up to 12 months from the acquisition date, and (c) excluding sales of the businesses disposed of from the disposal date until the period end date of the comparable prior period.
Free cash flow (FCF) refers to operating cash flow after net investments, interest paid and lease payments.
