PARIS — Business at Givaudan, the world’s largest fragrance and flavors supplier, was boosted in 2022 by its fantastic fragrance activity and price increases.
Net profit on the Vernier, Switzerland-based company rose 4.2 percent on-year to 856 million Swiss francs, or $929.9 million, while company sales were up 6.5 percent in local currency and by 5.3 percent on a comparable basis to 7.1 billion Swiss francs.
Gilles Andrier, chief executive officer of Givaudan, in a press release called 2022’s environment “difficult,” partially resulting from higher input costs and inbound supply-chain disruptions.
“Once more, we've demonstrated our strong give attention to supporting the expansion of our customers through excellent supply-chain performance, whilst at the identical time delivering modern and impactful solutions, that are a...
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