2 Our impact in 2021 Our impact in 2021 Creating growth for our 26% Women in senior business, society and the planet. management 1.4% Average base salary difference between men & women¹ –22% Reduction of recordable injury Sustainable performance review rate since 2018 For the year ended 31 December, in millions of Swiss francs, Percentage 1. Results for the Givaudan Group globally, except for environment and social data 2021 2020 change for equivalent roles and skill sets. Economic Group sales 6,684 6,322 5.7% Like-for-like sales growth 7.1% 4.0% Gross profit 2,855 2,659 7.4% as % of sales 42.7% 42.1% EBITDA¹ 1,482 1,397 6.0% as % of sales 22.2% 22.1% R&D spend 562 536 4.7% as % of sales 8.4% 8.5% Operating income 1,089 996 9.3% as % of sales 16.3% 15.8% Net income 821 743 10.5% as % of sales 12.3% 11.8% Operating cash flow 1,288 1,189 8.3% as % of sales 19.3% 18.8% SOCIAL Free cash flow 843 811 3.9% as % of sales 12.6% 12.8% Total assets 11,420 10,658 7.1% Net debt 4,394 4,040 8.8% Leverage ratio 51% 50% Share price as of last trading day of December (CHF) 4,792 3,730 28.5% Cash dividend²(CHF) 66 64 3.1% Earnings per share − basic (CHF) 89.03 80.59 10.5% 1. E BITDA defined as Earnings before interest Environmental (and other financial income (expense), net), Tax, Depreciation and Amortisation, corresponds to Absolute GHG Emissions scope 1 + 2 ³ (31%) (24%) operating income before depreciation, amortisation Absolute GHG Emissions scope 3 ³ (4%) (2%) and impairment of long-lived assets. 2. 2021 dividend subject to shareholder approval at Renewable electricity (RE 100 compliant) ³ 84% 65% the AGM on 24 March 2022. Water efficiency ⁴ (4%) N/A 3. 2020 figures restated to include acquisitions. 4. On sites facing water stress, baseline year 2020. Waste efficiency ⁵ (2%) (10%) For municipal and groundwater (m³) per tonne Social of production. 5. Tonnes of incinerated and landfill waste per tonne Number of employees as at 31 December (FTE) 16,842 15,852 6.2% of production compared to 2015. Women in total work force ⁶ 39% 39% 6. Excludes all acquisitions except Activ International in 2020 and in 2021 Activ International & drom Women in senior management 26% 25% integrated entities 7. The 2021 increase is due to the inclusion of acquisitions. Turnover rate 10% 9% Lost time injury rate ⁷ 0.34 0.25 36.0% Note: Like-for-like excludes the impact of currency, acquisitions and disposals. Givaudan – 2021 In a Nutshell
Givaudan 2021 In a Nutshell Flipbook Page 3 Page 5