Givaudan: 2018 results down
(CercleFinance.com) - Givaudan has reported 2018 net profit of 663 million Swiss francs, compared to 720 million Swiss francs in 2017, with an EBITDA margin of 21% on a comparable basis, down 2.
3 percentage points from 2017.
At 5.53 billion Swiss francs, sales of the Swiss aroma and fragrance giant increased by 9.4% as reported, and were up 5.6% like-for-like, with the group continuing its price increases to pass on its input costs.
With EPS of 71.92 Swiss francs over the past year, Givaudan will propose a dividend per share of 60 Swiss francs, up 3.4%, which is the 18th consecutive increase since its IPO on the Swiss market in 2000.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
3 percentage points from 2017.
At 5.53 billion Swiss francs, sales of the Swiss aroma and fragrance giant increased by 9.4% as reported, and were up 5.6% like-for-like, with the group continuing its price increases to pass on its input costs.
With EPS of 71.92 Swiss francs over the past year, Givaudan will propose a dividend per share of 60 Swiss francs, up 3.4%, which is the 18th consecutive increase since its IPO on the Swiss market in 2000.
Copyright (c) 2019 CercleFinance.com. All rights reserved.