Delivering on our 2025 strategy
Our 2025 strategy ‘Committed to Growth, with Purpose’ was our roadmap to deliver sustainable value creation for all our stakeholders.
Our 2025 strategy is powered by three core growth drivers and four growth enablers, and supported by our focus on excellence and innovation.
Looking back on our 2025 strategic cycle
Insights from Gilles Andrier, Chief Executive Officer (00:04:10)
“Over the last five years we have stayed true to ourselves and focused on what we do best; offering creative, high value-added products and solutions that meet the needs of our customers.”
Gilles Andrier, CEO
Our 2025 strategy
Click on the elements to read more details
Impact on environment, social and governance
4-5% average
like-for-like sales growth
>12% free cash flow
Purpose-linked targets
Five years of progress
Key achievements
Delivered on our ambition to grow with our customers through high value-added products and solutions.
Developed new and innovative solutions to drive differentiation in products and technology.
Strengthened our natural hedges across business, customers and geographies, allowing us to successfully navigate through highly uncertain times.
Attained industry-leading financial results.
Remained focused on our purpose-related commitments on Creation, People, Nature and Communities.
Exceeded our performance commitments
6.8%
average like-for-like sales growth
between 2021-2025
12.5%
average free cash flow generation
as a percentage of sales
between 2021-2025
Givaudan, a place where we all love to be and grow
Progress on our 2025 people purpose targets
Extend customer reach
Key achievements
Intensified outreach to local and regional customers: 59% of 2025 revenues came from local and regional customers, up from 46% in 2021 at the beginning of the strategy cycle.
Leveraged targeted M&A to support growth.
Realised major digital transformation milestones, enabling new customer initiatives:
- Customer Foresight, a proprietary futurescaping platform to anticipate consumer expectations.
- Dynamic omnichannel customer engagement strategy.
- Successful e-commerce pilots in China and Indonesia.
Increased local and regional outreach
Focused market strategies
Key achievements
Attained double-digit growth in LATAM and EAME, gaining share in mature and high growth markets.
Made significant gains in China, Brazil, Middle East, and India through targeted investment and strong customer partnerships.
Pursued targeted acquisitions to boost regional presence: Custom Essence (USA, 2021), Vollmens Fragrances (Brazil, 2025) and Belle Aire Creations (USA, 2025).
Opened new production facility in India capacity expansion in Mexico.
Established new product development centres in Sweden, Poland, Turkey, Dubai, Brazil, China for faster, locally relevant solutions.
Expanded specialist labs: Switzerland (protein hub), UK (oral care), South Africa (consumer insights), and Singapore (encapsulation).
Delivering growth in all markets over the past five years
11.1%
average growth
in high growth markets
3.3%
average growth
in mature markets
Growing together with our customers
Key achievements
At the heart of our purpose and strategy is a clear ambition: to help our customers thrive by delivering solutions that are not only innovative and high-performing, but also responsible and future-ready.
By combining creativity, science, technology and sustainability, we create meaningful value for our customers – empowering them to meet their own goals, adapt to changing expectations and improve the lives of the people they serve.
Read more about our key achievements in our 2025 Integrated Report on economic and ESG performance.