Indonesia’s potential under the spotlight
Givaudan’s 2018 Investor Days took place in Indonesia on 22 and 23 October and included a tour of the Company’s new commercial and development centre in Jakarta.
Fifteen investor analysts heard details of Indonesia’s potential and about Givaudan’s plans for the country and the region from Givaudan CEO Gilles Andrier, Regional Head Fragrances Asia Pacific Ben Webb and Head of Flavours ASEAN Tansukh Jain. Analysts heard how Givaudan is well placed for growth and is investing in the country and the region to capture the opportunities. The Company’s customer base is growing both regionally and locally, and building customer intimacy alongside this growth is crucial for continuing success.
Givaudan has been present in Indonesia since 1993 and has significantly invested in people and facilities in the country. In addition to the new centre in Jakarta, the Company manufactures liquids, powder blends, spray dry flavours and fragrance liquid compounds in Cimanggis (province of West Java). The Company employs a total of approximately 300 people in Indonesia.
Givaudan’s Chief Executive Officier, Gilles Andrier said: “Indonesia is more and more a dynamic market for FMCG and provides high growth for both flavours and fragrances. Givaudan is well placed and is investing in Indonesia to capture this growth.”
Givaudan is the global leader in the creation of flavours and fragrances. In close collaboration with food, beverage, consumer product and fragrance partners, Givaudan develops tastes and scents that delight consumers the world over. With a passion to understand consumers’ preferences and a relentless drive to innovate, Givaudan is at the forefront of creating flavours and fragrances that ‘engage your senses’. The Company achieved sales of CHF 5.1 billion in 2017. Headquartered in Switzerland with local presence in over 100 locations, the Company has more than 11,100 employees worldwide. Givaudan invites you to discover more at www.givaudan.com.
For further information please contact
Peter Wullschleger, Givaudan Media and Investor Relations
T +41 22 780 9093