Givaudan SA on Wednesday said that financial gain rose in the whole year with good development throughout segments and geographies, and lifted its annual dividend.
The Swiss taste-and-fragrance business
GIVN,
posted web income of 856 million Swiss francs ($927.8 million) for the yr when compared to CHF821 million a yr before.
Earnings ahead of fascination, taxes, depreciation and amortization arrived in at CHF1.48 billion, .4% down on calendar year, when income elevated 6.5% to CHF7.12 billion from CHF6.68 billion in 2021.
“In a incredibly hard working surroundings, driven by increased enter fees and inbound supply chain disruptions, Givaudan sustained very good company momentum while retaining its operations and worldwide outbound provide chain at a substantial stage to guidance the development of our customers,” the organization stated.
Net personal debt stood at CHF4.53 billion at calendar year finish, compared to CHF4.39 billion in 2021.
Givaudan also explained it would propose a dividend of CHF67 a share at its future yearly normal assembly on March 23. This would characterize a 1.5% raise on calendar year.
Generate to Giulia Petroni at giulia.petroni@wsj.com
