Investor Presentation January 2021
Operating performance
Excellent financial performance
Sales of CHF 6,322 million, an increase of 4.0% on a
like-for-like basis* and 1.9% in Swiss francs
Gross margin of 42.1%, compared to 40.8% in 2019, as
a result of continued productivity gains, improved
contribution of acquired companies, GBS savings and cost
discipline
EBITDA of CHF 1,397 million compared to CHF 1,275
million in 2019. Acquisition and restructuring costs of CHF
39 million, compared to CHF 25 million in 2019. Impact of
costs for GBS project of CHF 6 million in 2020, compared
with CHF 31 million in 2019
EBITDA margin of 22.1% compared to 20.6% in 2019,
with the underlying margin at 22.8% versus 21.5% in
2019
40.8% Gross margin 42.1%
1,275
in %
EBITDA
in CHF million
1,397
*Like-for-like excludes the impact of currency, acquisitions and disposals
Givaudan
FY 2019
FY 2020
20.6%
EBITDA margin
22.1%
As %
of sales
21.5%
Underlying
EBITDA margin
22.8%
Investor presentation January 2021
19View entire presentation