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Pursuing ambitious targets

“Our vision is to inspire emotion through our creations every day, everywhere, as we strive for a better tomorrow.” 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.

Ambitious mid-term guidance

1 whilst maintaining a leverage ratio of no more than 25 percent, 2 sales growth assumes a market growth of 2-3%