We continued through 2017 to maintain good business momentum. With Group full year sales of CHF 5,051 million – an increase of 4.9% on a like-for-like basis and 8.3% in Swiss francs when compared to 2016 – and free cash flow of 11.8% of sales, both are in line with the average financial targets we set for 2020. Our growth is well balanced between our Flavour and Fragrance divisions.
Our business model
We focus on showing how our financial and non-financial capital is transformed through our strategy to create value for our stakeholders.
Strategic value creation
Our 2020 ambition is about creating value for our stakeholders through sustainable and responsible growth and about shared success.
Full year results Financial performance Givaudan Group full year sales were CHF 5,051 million, an increase of 4.9% on a like-for-like basis and 8.3% in Swiss francs when compared to 2016. Flavour Division sales were CHF 2,708 million, an increase of 5.3% on a like-for-like basis and 11.3% in
Differentiating business enablers
The business enablers that differentiate us in the creation of value, range from our people and EHS to supply and compliance.
Givaudan Business Solutions
Givaudan Business Solutions (GBS) is being created as a platform for the future that will improve internal efficiencies, leverage best practices from across the organisation and increase our agility to better deliver to customers. GBS is the foundation of our strategic pillar ‘delivering with excellence’ to further improve operational efficiency and reduce internal complexities.
From sourcing to supply
Our mission is to maximise value with suppliers to create profitable business and deliver the best ingredients, enabling us to differentiate our products. We bring this mission to life through our global procurement strategy, which has mutual value creation at its heart.
Our talent, performance and culture
Fundamental to our success are more than 11,100 employees working at 109 sites in over 40 countries. Our people have a wide variety of skills ranging from researchers to perfumers, evaluators and sensory scientists and from flavourists and food technologists to production workers, and administrative and commercial teams.
Environment, health and safety
Protecting the environment, safeguarding our employees’ health and ensuring the safety of all who work at Givaudan are key values in our Company.
We have robust structures and processes in place to ensure the effective management of risks to our business, and we are committed to the highest ethical standards in the conduct of our business.
Givaudan’s good reputation and name has been built over a long and rich history, and we are committed to adhere to the highest ethical standards in the way we interact with all our stakeholders – customers, suppliers, shareholders, employees, competitors, government agencies and the communities in which we operate. Being open, transparent and honest in our dealings with these stakeholders allows us to grow responsibly and share our success.
Regulatory and public policy
Our Regulatory and Product Safety teams provide critical information that enables customers around the world to use our products in the knowledge they are safe and compliant for the intended use.
26 Jan 2018
2017 Full Year Results
Givaudan Group full year sales were CHF 5,051 million, an increase of 4.9% on a like-for-like basis and 8.3% in Swiss francs when compared to 2016.
2017 Annual Report
Solid financial performance, investing for the future. We generated sales of CHF 5,051 million and a free cash flow of CHF 662 million.
2017 Investor Presentation
Presentation for the Investor Conference Call of the Full Year Results on Friday 26 January 2018.