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FIRMENICH DELIVERS RECORD RESULTS DESPITE CHALLENGING MACRO-ECONOMIC ENVIRONMENT

Achieves double-digit Revenue and Adjusted EBITDA growth, coupled with strong cash generation, while prioritizing customer service

GENEVA, Aug. 5, 2022 /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%[1]   

–  Adjusted EBITDA of CHF 905 million, up +10.9%

–  Adjusted EBITDA margin 19.2%, up +10 basis points

–  Free Cash Flow of CHF 414 million, down -19.1%, or -5.9% on a comparable basis[2]

–  EBITDA to Free Cash Flow conversion ratio of 51.8%

–  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 &…

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