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Givaudan’s 2025 strategy: Flavor segment renamed, local businesses in focus

foodingredientsfirst 2020-08-27
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Givaudan has officially unveiled its 2025 strategy, which is driven by portfolio expansion, investments in high growth markets like China and the trend for smaller and more local brands. The roadmap also comprises major financial targets for the next five years. Under the company’s new divisional renaming, its Flavour Division will be rebranded as Taste & Wellbeing to bring to the fore a sharpened focus on nutritional ingredients.

“‘Committed to Growth, with Purpose’ is our vision and roadmap for the next five years, continuing to create long-term value for all our stakeholders,” says Givaudan CEO Gilles Andrier. “We aim for continued ambitious financial targets while striving toward achieving our longer-term purpose ambitions in the areas of creations, nature, people and communities.”

In the period leading up to 2025, Givaudan aims to deliver an average organic sales growth of 4 to 5 percent on a like-for-like basis. In addition, the company targets an average free cash flow of at least 12 percent. 

Three growth drivers
“Expand the portfolio” is Givaudan’s first growth driver, which comprises synergies between the company’s core business and the enhanced value proposition from the sixteen acquisitions integrated since 2014. The company aims to further expand beyond the current portfolio of flavors and fragrances, naturals and delivery systems into nutrition and food ingredients. 

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