Achieves double-digit Revenue and Adjusted EBITDA growth, coupled with strong cash generation, while prioritizing customer service GENEVA, Aug. 5, 2022 /PRNewswire/ Firmenich International
/PRNewswire/ Firmenich International SA, the world s largest privately-owned Fragrance and Taste company, announces its Full Year Results for the 52 weeks.
Geneva (Switzerland], August 5 (ANI/PRNewswire): Firmenich International SA, the world's largest privately-owned Fragrance and Taste company, announces its Full Year Results for the 52 weeks ended 30 June 2022. Financial Highlights Revenue of CHF 4,723 million, up +11.1 per cent [1] Adjusted EBITDA of CHF 905 million, up +10.9 per cent Adjusted EBITDA margin 19.2 per cent, up +10 basis points Free Cash Flow of CHF 414 million, down -19.1 per cent, or -5.9 per cent on a comparable basis[2] EBITDA to Free Cash Flow conversion ratio of 51.8 per cent Record Revenue and Adjusted EBITDA, despite a challenging global environment for raw materials, logistics and energy costs Outperforming the industry in topline growth and gaining market share, underpinned by double-digit Revenue growth across both Perfumery & Ingredients and Taste & Beyond, on the back of improving customer demand Revenue growth across all regions, and strong momentum in our key geographies, including Europe (+18.
Firmenich International SA - Full Year Results PR Newswire London, August 4 Press Release FIRMENICH DELIVERS RECORD RESULTS DESPITE CHALLENGING MACRO-ECONOMIC ENVIRONMENT Achieves
Market share gains in fine fragrances and strong demand for its food ingredients helped Switzerland s Firmenich, which has agreed to merge with DSM, deliver a near 11% jump in adjusted annual