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Business News | Firmenich Delivers Strong Results in First Half of Fiscal Year 2023

Get latest articles and stories on Business at LatestLY. Firmenich International SA ("Firmenich"), the world s largest privately-owned fragrance and taste company, is announcing its Half Year Results for the six months ended 31 December 2022. Business News | Firmenich Delivers Strong Results in First Half of Fiscal Year 2023.

Firmenich delivers strong results in first half of Fiscal year 2023

Firmenich delivers strong results in first half of Fiscal year 2023
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Firmenich: FIRMENICH DELIVERS RECORD RESULTS DESPITE CHALLENGING MACRO-ECONOMIC ENVIRONMENT

FIRMENICH DELIVERS RECORD RESULTS DESPITE CHALLENGING MACRO-ECONOMIC ENVIRONMENT

Firmenich delivers record results despite challenging macro-economic environment

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.

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