GIVAUDAN SA 2021 Full Year Results
Strong start to 2025 strategic cycle
Gilles Andrier
Chief Executive Officer
Performance highlights
2021 Full year results
Strong start to the 2025 strategic cycle
- Sales of CHF 6.7 billion, up 7.1% on a like-for-like* basis and 5.7% in Swiss francs
- All 2025 strategic focus areas on track and contributing to the results
- EBITDA of CHF 1,482 million, an increase of 6.0% - EBITDA margin of 22.2% compared to 22.1% in 2020
- Comparable EBITDA margin of 22.5% compared to 22.8% in 2020
- Free cash flow of CHF 843 million, an increase of 3.9% over 2020 - Free cash flow of 12.6% of sales
- Proposed dividend of CHF 66.00 per share, up 3.1% year-on-year
- Like-for-like:excludes the impact of currency, acquisitions and disposals
2021 Full year results Investor Conference | 3 |
Sales performance
Strong growth in both divisions
In CHF million
FY 2020
FY 2021
6,322 6,684
2,924 | 3,091 | 3,398 | 3,593 |
GroupFragrance & Beauty Taste & Wellbeing
7.1% | 6.6% | 7.6% |
5.7% | 5.8% | 5.7% |
* Like-for-like: excludes the impact of currency, acquisitions and disposals
2021 Full year results Investor Conference
- 2021 growth on LFL* basis
- 2021 growth in CHF
4
Sales portfolio performance COVID-19impact - CAGR 2019 - 2021
Sales in CHF million
+5.5% | CAGR** | ||||
FY 2019 | |||||
6,2036,684 | growth 2019 to | FY 2021 | |||
2021 | |||||
+6.0% | +5.0% | ||||
2,799 3,091 | 3,4043,593 | ||||
Group | Fragrance | Taste & |
& Beauty | Wellbeing |
Sales LFL* and CAGR ** growth 2019 to 2021 | |||
LFL | LFL | CAGR | |
2020 | 2021 | 2019 - 2021 | |
Group | 4.0% | 7.1% | 5.5% |
- Lower impacted | 7.7% | 5.6% | 6.6% |
business *** | |||
- Higher impacted | -14.7% | 16.5% | -0.5% |
business *** | |||
F&B | 5.4% | 6.6% | 6.0% |
- Lower impacted | 8.2% | 3.5% | 5.8% |
business | |||
- Higher impacted | -6.0% | 22.5% | 6.9% |
business | |||
T&W | 2.8% | 7.6% | 5.0% |
- Lower impacted | 7.4% | 7.4% | 7.2% |
business | |||
- Higher impacted | -23.0% | 8.8% | -8.5% |
business | |||
- LFL (like-for-like) excludes the impact of currency, acquisitions and disposals
- CAGR (Compound Annual Growth Rate) excludes the impact of currency, acquisitions and disposals
- Lower impacted businesses account for ~84% of the portfolio and higher impacted businesses for ~16%
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Disclaimer
Givaudan SA published this content on 28 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 January 2022 05:15:02 UTC.
