18,1% OF AVERAGE EBITDA MARGIN BETWEEN 2019 AND 2022
721 MILLIONS € FOR TURNOVER 2023
REPRESENTING +2,6% GROWTH ON AN IFRS BASIS
AND +4,4% ON AN ORGANIC BASIS
+3,9% OF AVERAGE ORGANIC GROWTH
SINCE 2019
8% OF TURNOVER INVESTED IN R&D
4
*unaudited data
A «Seed to Scent ™» Business Model
Over 170 years of expertise in natural ingredients.
Robertet integrates all stages of the creative process to be the natural partner for fragrances, flavors,
health, and beauty actives.
Harvest
Refine
From
Extraction
Reveal
Seed …
… to
Scent and
Creation
Flavors
Transformation
5
A unique Business Model
6
02
Financial Highlights
7
Robust financial performance for the last 5 years
ORGANIC TURNOVER
703
606
525
554
538
12,7%
7,6%
5,5%
5,4%
-2,4%
FY 2018
FY 2019
FY 2020
FY 2021
FY 2022
REVENUE (in €m)
ORGANIC GROWTH
CASH FLOW
101
85
72
78
51
44
47
39
32
FY 2018
FY 2019
FY 2020
FY 2021
FY 2022
- 20
Operating Cash Flow
Free Cash Flow
EBITDA MARGIN
128
118
94
96
86
19,4%
18,3%
17,9%
17,0%
16,4%
FY 2018
FY 2019
FY 2020
FY 2021
FY 2022
EBITDA (in €m)
EBITDA MARGIN
NET DEBT TO EBITDA
1,3x
FY 2019
FY 2020
FY 2021
FY 2022
-0,1x
-0,7x
-0,7x
8
Dividend growth aligned with business performance
CAGR 2018/2022
+11,0%
+6,3 %
+42,9%
8,50 €
8,00 €
+7,7 %
+12,0%
5,60 €
-10,7%
5,60 €
5,00 €
2018
2019
2020
2021
2022
9
Solid performance mainly driven by organic growth
* With comparable exchanges rates
703 M€
Organic
+5,4 %
Change
+6 %
Scope +4,6 %
FY
2021
FY 2022
+2,6 %
(+5,5 %*)
721 M€
Organic
+4,4 %
Scope +1,1 %
FY
2022
Change -2,9 %
FY 2023
10
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Disclaimer
Robertet SA published this content on
13 March 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
14 March 2024 16:40:25 UTC.
Robertet specializes in the design, production, and marketing of aromatic products. Net sales break down by family of products as follows:
- perfume compositions and bases (35.7%);
- food flavors (35.2%);
- natural flavor ingredients (29.1%).
At the end of 2021, the group had 33 production sites worldwide.
Net sales are distributed geographically as follows: France (18.3%), Europe (20.9%), the United States (32.2%) and other (28.6%).
ROBERTET 
