Givaudan Full-Year Report

Highlights

• Sales of CHF 6.9 billion, an increase of 4.1% on a like-for-like1 basis and a decrease of 2.8% in Swiss francs
• Strong performance in high growth markets with 10.0% growth on a like-for-like basis
• EBITDA of CHF 1,473 million and EBITDA margin of 21.3%, versus 20.7% in 2022
• Comparable EBITDA margin of 22.4% compared to 20.9% in 2022
• Net income of CHF 893 million, an increase of 4.3% over 2022, and an increase of 14.3% when
  measured in local currency terms
• Record free cash flow of CHF 920 million, an increase of 92% over 2022, or 13.3% of sales
• Proposed dividend of CHF 68.00 per share, up 1.5% year-on-year