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The flavor and fragrance manufacturer presents largely good numbers for 2019 and again increases the dividend.
The flavor and fragrance manufacturer Givaudan continues to spoil you with growth across the board. The numbers presented are good, even though analysts expected a little more. The initially cool course reaction did not last.
But with 12% sales growth, almost half of it organic, 15% more Ebitda before one-off effects, a 12% higher free cash flow - which accounts for 13% of sales -, 6% more profit and a further increase in the dividend to CHF 62 not complain, especially since the CEO is in good spirits.
