Givaudan AG (GVDBF.PK), a Swiss maker of flavors, fragrances, and cosmetic ingredients, reported that its net income for fiscal year 2024 increased to 1.09 billion Swiss francs from last year's 893 million Francs, with earnings per basic share improving to 118.17 francs from 96.81 francs in the prior year.
Annual group sales were 7.412 billion francs, an increase of 12.3% on a like-for-like basis and an increase of 7.2% in Swiss francs when compared to 2023. The strong growth was achieved across product segments and geographies, with the high-growth markets growing at 19.5% on a LFL basis and the mature markets at 6.4% LFL.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.