Financial performance
Full year Group sales were CHF 7,117 million, an increase of 5.3% on a like-for-like (LFL) basis and 6.5% in Swiss francs when compared to 2021.
The good growth was achieved across product segments and geographies, with the mature markets growing at 1.9% and the high growth markets at 9.9% on a like-for-like basis.
Solid performance puts us in a position to drive inclusive, economic growth, supporting our customers’ own market expansion plans and providing them with growth opportunities through the use of our products.
7,117
CHF million sales like-for-like1
+5.3%
sales growth
6.7%
free cash flow as a % of sales
67.00
CHF dividend per share²
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Like-for-like (LFL) is defined as: (a) sales calculated using the invoicing exchange rates of the prior year, and (b) excluding sales of businesses acquired from the acquisition date until the period end date, up to 12 months from the acquisition date.
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Subject to approval of shareholders at the AGM on 23 March 2023.
Group sales
Free cash flow
Taste & Wellbeing sales
Fragrance & Beauty sales
Comparable EBITDA margin
Five-years share price development