13th October 2020
Olivier Aeschlimann, Senior Financial Analyst
The company is very confident on its top-line growth prospects which should be underpinned by structural megatrends: a larger consumer base with Asia and Africa leading the way; consumer behaviour are changing and sustainability is of high concern; consumers will buy more online and increase spending on self-care; they will also buy more consciously with a preference for natural products. Therefore, the group’s strategy 2021-2025 will emphasise digitalisation and sustainable development. Givaudan has introduced its Naturality Platrorm, which is a major step towards nature-conscious fragrances creation. In addition, the group has become a founding member of B Lab’s B Movement Builders. B Movement Builders commit to taking action in three key areas: leadership, impact and collaboration. The goal is to accelerate change to the global economic system and promote sustainability through stakeholder capitalism.