Switzerland's Givaudan 2013 net profit rises 19.5%, sales up 5.5%

30 January 2014 06:12  [Source: ICIS news]

SINGAPORE (ICIS)--Givaudan’s net income rose by 19.5% year on year to Swiss francs (Swfr) 490m in 2013, on the back of improved operating performance, stable financial expenses and a lower income tax rate, the Switzerland-based firm said on Thursday.

The company’s full-year sales rose by 5.5% to Swfr4.37bn, while operating income was up by 10.7% at Swfr693m, the company said in a statement.

The company did not disclose its fourth-quarter net profit figures.

By: Nurluqman Suratman

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