Givaudan First Half 2024 Earnings: EPS: CHF63.76 (vs CHF48.69 in 1H 2023)

Givaudan (VTX:GIVN) First Half 2024 Results

Key Financial Results

• Revenue: CHF3.74b (up 5.7% from 1H 2023).
• Net income: CHF588.0m (up 31% from 1H 2023).
• Profit margin: 16% (up from 13% in 1H 2023). The increase in margin was driven by higher revenue.
• EPS: CHF63.76 (up from CHF48.69 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Givaudan Earnings Insights

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Chemicals industry in Switzerland.

Performance of the Swiss Chemicals industry.

The company's share price is broadly unchanged from a week ago.

Valuation

Our analysis of Givaudan based on 6 different valuation metrics shows it might be overvalued. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

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