Revenue distribution by industry:

• Flavors: approx. 55%
• Fragrances: approx. 45%

TOP 3 markets and their percentage shares:

• North America: approx. 25%
• Europe: approx. 30%
• Asia-Pacific: approx. 20%

Givaudan SA is a leading company in the production of flavors and fragrances. The majority of revenues come from the flavors industry, accounting for about 55% of the total revenue. Fragrances contribute the remaining 45%.

Geographically, Europe, North America, and the Asia-Pacific region are the key markets for Givaudan. Europe accounts for approximately 30%, followed by North America with around 25% and the Asia-Pacific region with about 20%. These markets are crucial for the company as they are the main consumers of its products and thus significantly contribute to its revenue.

Production Sites: Worldwide, with a focus on Europe, North America, and Asia.

Givaudan SA is a leading manufacturer of flavors and fragrances with a global presence. The company operates production facilities on several continents to efficiently meet the demands of its international customers. In Europe, significant production plants are located in Switzerland and France. In North America, the USA is a central production site. In Asia, Givaudan has expanded its presence in countries such as China and India to serve the growing markets in this region.

This geographical diversification enables Givaudan to effectively supply both local and global customers while benefiting from cost advantages and market insights in different regions.

Revenue Growth: Estimated at 4-5% annually (2025)

Givaudan SA pursues a growth strategy that is strongly focused on innovation, sustainability, and geographical expansion. The company continuously invests in research and development to create new fragrance and flavor ingredients that meet changing consumer preferences.

Another focus is on sustainability. Givaudan has committed to becoming climate-neutral by 2030 and emphasizes sustainable sourcing and production. This includes initiatives to reduce the CO2 footprint and promote biodiversity.

Additionally, Givaudan is expanding into emerging markets, especially in Asia and Latin America, to benefit from the growing middle class and their increasing demand for high-quality consumer goods. This strategy is supported by targeted acquisitions and partnerships to diversify the product portfolio and strengthen market presence.

Main raw materials: Vanilla, citrus fruits, patchouli, jasmine

Countries of origin:

• Vanilla: Madagascar
• Citrus fruits: Brazil, USA
• Patchouli: Indonesia
• Jasmine: India, Egypt

Givaudan SA, as a leading manufacturer of flavors and fragrances, imports a variety of raw materials from around the world. Vanilla, one of the key ingredients for flavors, is mainly sourced from Madagascar, known for its high quality. Citrus fruits, widely used in many fragrance and flavor products, mainly come from Brazil and the USA, two of the largest producers worldwide.

Patchouli, an essential component of many perfumes, is mainly imported from Indonesia. Jasmine, another important raw material for perfume production, is primarily sourced from India and Egypt, both known for their high-quality flowers.

These import strategies enable Givaudan to produce high-quality products by utilizing the best available raw materials worldwide.

Market share: 25% (estimated, 2025)
Research and development expenditure: 8% of revenue (2024)
EBITDA margin: 21% (2024)

Givaudan SA holds a significant market share of around 25% in the flavors and fragrances industry, indicating its strong market position. The company's competitive advantage is supported by its substantial investments in research and development, which account for about 8% of revenue. These investments enable Givaudan to continuously develop innovative products and differentiate itself from competitors.

The EBITDA margin of 21% demonstrates an efficient cost structure and strong operational performance, giving the company a financial advantage over many competitors. Givaudan's global presence and its ability to offer customized solutions to customers further enhance its competitive edge.

Institutional investor share: approx. 70% (estimated for 2025)

Insider purchases/sales: No significant transactions reported in 2025

The institutional investor share in Givaudan SA is traditionally high, indicating the trust of large investment funds and institutional investors in the stability and growth potential of the company.

No significant insider transactions were reported in 2025, which could indicate a stable assessment of the company's value by the management. This can also be seen as a sign that the management does not expect any short-term changes in the company's value.

Market share of Givaudan SA: 25% (estimated for 2025)

Main competitors and their market shares:

1. IFF (International Flavors & Fragrances): 20%
2. Symrise AG: 15%
3. Firmenich: 10%
4. Kerry Group: 8%
5. Takasago International Corporation: 5%
6. Mane: 4%
7. Robertet SA: 3%
8. Sensient Technologies: 2%
9. Frutarom: 2%
10. Döhler Group: 1%

Moat of Givaudan SA:

Givaudan SA has a significant moat, which is manifested by several factors. Firstly, the company has a strong brand recognition and an extensive portfolio of fragrances and flavors that are globally recognized. Secondly, Givaudan has a broad customer base, ranging from large multinational corporations to smaller specialized companies, ensuring a stable revenue base.

Another essential aspect of the moat is Givaudan's innovation power, supported by substantial investments in research and development. This enables the company to continuously bring new and improved products to the market, setting itself apart from the competition.

Compared to its competitors, Givaudan has one of the strongest moats in the industry. While companies like IFF and Symrise also have strong market positions and innovation capabilities, Givaudan benefits from its leading market position and the ability to offer tailored solutions for a variety of customer needs. This gives Givaudan a competitive advantage that is hard to surpass.

Revenue Growth: 7.2% (2024) EBITDA Margin: 21.5% (2024) R&D Expenses: 6.5% of revenue (2024)

Givaudan SA, a leading company in the fragrance and flavor industry, recorded a revenue growth of 7.2% in 2024. This indicates a stable demand for their products, supported by their strong market position and innovation capabilities.

The EBITDA margin of 21.5% shows that the company operates efficiently and is able to generate solid profits from its revenues. This margin is an indicator of the company's operational strength.

With R&D expenses amounting to 6.5% of revenue, Givaudan continuously invests in innovations to expand its product range and remain competitive. These investments are crucial to secure long-term growth and market leadership.

Overall, Givaudan SA demonstrates strong financial and operational performance, suggesting a potentially good investment opportunity, especially for investors interested in long-term growth.

Dividend yield: 2.5% (2024) Dividend growth: 3% (annually, average over the last 5 years)

Givaudan SA has a long tradition of dividend payments and is considered a reliable dividend payer. In recent years, the company has consistently increased its dividend, indicating a stable financial performance and solid cash flow generation.

Givaudan's dividend policy is aimed at providing shareholders with an attractive return while retaining sufficient funds for investments and growth in the company. Analysts expect Givaudan to maintain a consistent dividend policy in the future, supported by its leading market position and strong financial base.