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.

2 months ago
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