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 &…