February 16/Cincinnati/Press Release -- Givaudan Group reported fiscal year 2011 sales were 3.9 billion Swiss francs ($4.2 billion), up 5.2% in local currencies.
Gilles Andrier, chief executive officer, explained, “Our 2011 results are a convincing demonstration of the continued value we bring to our customers. The business achieved a strong sales momentum in a tough environment and a significant profit improvement in the second half of the year. We are well on track for 2012 and to deliver on our mid-term targets.”