A year in review
Givaudan finished the year strongly and maintained its operations and global supply chain at a high level.
The strong growth was achieved across product segments and geographies.
“We are very pleased with our financial performance in 2024, driven by a high level of volume related sales growth across all markets, segments and customer groups. We are fully on track with our 2025 strategy and have continued confidence in our portfolio and the broad range of capabilities that we have to support the growth of our customers. These industry leading results once again confirm the unique position of Givaudan and we are proud of the entire Givaudan organisation in delivering these outstanding results.”
Gilles Andrier, Chief Executive Officer
2024 key figures
Economic
Economic
12.3%
sales growth
like-for-like 1
2023: 4.1%
- Like-for-like (LFL) excludes the impact of currency, acquisitions and disposals.
15.6%
free cash flow
as percentage of sales
2023: 13.3%
CHF 70.00
dividend
per share 2
2023: 68.00
- Subject to approval of shareholders at the AGM on 20 March 2025.
Environment
100%
purchased
renewable electricity
2023: 94%
– 48%
GHG emissions
scope 1+2 since 2015
2023: – 43%
CDP AA List
leadership in transparency and action on climate change and water security 3
- This is the 2023 rating. The CDP 2024 results are expected after publication of this report in February 2025 and will be available on www.givaudan.com › Investors › ESG › ESG ratings.
Social
32%
of women
in senior management
2023: 28%
– 34%
of total recordable case rate
since 2018
2023: – 47%
53%
of our total materials and services sourced responsibly 4
2023: 33%
- Percentage by procurement spend, flagged as sourced responsibly upon completion of basic due diligence as defined in our Sourcing4Good programme.
Governance
100%
of non-executive
and independent
Board members
20%
of non-financial targets in
Performance Share Plan
compensation
>80%
of our employees
are covered by
Fair-ON-Pay certification
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