(CercleFinance.com) – Givaudan loses 6% in Zurich, after the publication by the group of flavors and perfumes of a net profit of 821 million Swiss francs for 2021, up 10.5%, as well than an almost stable EBITDA margin (+0.1 point) at 22.2%.
Full-year sales were 6.68 billion Swiss francs, up 7.1% like-for-like and 5.7% reported, ‘strong sales growth achieved across all segments of products and all geographical areas’.
At the AGM on March 24, the Board of Directors will propose a cash dividend of 66 francs per share for 2021, up 3.1% compared to 2020, and compared to a basic EPS of 89.03 francs over the financial year.
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