Givaudan

Full year report caps a year of strong delivery

  • Sectors : Foods
  • Companies : Givaudan

Ratings and price correct at time of issue.

  • Givaudan

    Closing Price: 394100chf

  • RATING 31/01/24

  • PREVIOUS RATING 24/03/20

    OUTPERFORM

DAVY VIEW

Givaudan finished FY24 with good momentum across both divisions. Its Fragrance & Beauty division was at the vanguard of sector growth in 2024, delivering c.25% EBITDA. Taste & Wellbeing maintained top-line momentum through Q4. Noteworthy is an expectation of a 4% raw material price increase for the group in 2025. At this juncture, we envisage no material change to 2025 forecasts.

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Jan 24 2025, 08:21 GMT

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