Our business performance

With our 2025 strategy ‘Committed to Growth, with Purpose’, we have set ambitious financial and non-financial targets.

Our full year Group sales were CHF 7,412 million, an increase of 12.3% on a like-for-like basis and an increase of 7.2% in Swiss francs when compared to 2023. 

We finished the year strongly and maintained our operations and global supply chain at a high level. The strong growth was achieved across product segments and geographies, with the high-growth markets growing at 19.5% on an LFL basis and the mature markets at 6.4% LFL. 

We made further progress towards our ambitious ESG targets, which are fully aligned with the Givaudan purpose. Regarding our Nature ambition and target to be climate positive before 2050, scope 1+2 emissions have been reduced by 48% compared with the 2015 baseline. Additionally, in accordance with new Swiss climate reporting regulations, we have included, for the first time in our integrated report, our Climate-related Financial Disclosures, which includes a comprehensive climate scenario analysis. 

We also continue to make progress on our people related targets in diversity and inclusion and in 2024 have 32% of senior leadership positions held by women. Finally, Givaudan is advancing towards our goal of sourcing all materials and services responsibly by 2030, achieving 85% of our naturals raw material portfolio sourced responsibly, up from 76% in 2023.