2020 Full Year Results Investor Conference
Operating performance
Fragrance & Beauty
Sales of CHF 2,924 million, an increase of 5.4% on a like-
for-like basis* and 4.5% in Swiss francs
EBITDA of CHF 677 million, increased from CHF 555
million in 2019
GBS costs of CHF 6 million, compared with CHF 31 million
in 2019 and acquisition and restructuring costs of CHF 7
million, compared to CHF 11 million in 2019
EBITDA margin of 23.2% compared to 19.8% in 2019,
with the underlying EBITDA margin at 23.6% versus
21.3% in 2019.
The increase was mainly driven by higher sales, the
contribution and synergies of the recent acquisitions, as
well as reduced operating expenses
555
2,799
EBITDA
in CHF million
Sales
in CHF million
+5.4%
LFL growth
Givaudan
As %
of sales
2020 Full year results investor conference
677
2,924
FY 2019
FY 2020
19.8%
EBITDA margin
23.2%
21.3%
Underlying
EBITDA margin
23.6%
29/01/2021View entire presentation