IHS Chemical Week

People & Business :: Companies

Givaudan's Profits Rise on Cost-Cutting Measures

4:59 AM MST | February 17, 2010 | Kerri Walsh

 Givaudan reported increased net income for full-year 2009 helped by cost cutting measures and integration savings from the acquisition of Quest International in March 2007.  Sales fell on lower volumes and inventory reductions, Givaudan says.  Net income jumped 79%, to SF199 million ($185 million), on sales down 3%, to SF3.9 billion. Operating income excluding SF65 million in integration costs rose 8%, to SF 525 million. Gross profit margin declined to 45%, from 45.6% because of "strong increases in raw material, energy, and transportation...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa