Delivering sustained revenue and free cash flow growth, while demonstrating resilient profitability. Integrating largest-ever acquisition.
GENEVA, Feb. 11, 2021 /PRNewswire/ — Firmenich International SA, the world’s largest privately-owned Perfume and Taste company, announced its Half Year Results for the six months ended 31 December 2020.
- Total Revenue reached CHF 1,997 million, up 2.3% on an organic basis at constant currency. Including acquisitions, Total Revenue increased 14.0% year-over-year at constant currency. On a reported basis, Total Revenue increased 4.9% year-over-year
- Adjusted EBITDA of CHF 367 million, up 1.6% year-over-year on an organic basis at constant currency, and down -12.4% year-over-year on a reported basis
- Adjusted EBITDA margin of 18.4%. On an organic basis at constant currency, Adj. EBITDA margin remained stable year-over-year. On a reported basis, Adj. EBITDA margin decreased by 360 basis points, due to the negative impact of foreign exchange