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Givaudan, a Swiss flavor company, reported a 22% jump in net income, beating analyst expectations.
Swiss flavor and fragrance company Givaudan reported a 22% increase in net income to 1.09 billion Swiss francs in 2024, with sales up 12.3% to 7.41 billion francs.
The company's results surpassed analyst expectations and forecast exceeding its 4-5% five-year sales growth target.
Givaudan also announced a 2.9% higher dividend and a new president for its Taste & Wellbeing division, starting April 2025.
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Givaudan, una compañía de sabores suiza, reportó un aumento del 22% en los ingresos netos, superando las expectativas de los analistas.