Analysts coverage and consensus
Analyst coverage
Below are listed the sell-side analysts that cover Givaudan on a regular basis.
Institution |
Name |
Recommendation |
Baader Helvea | Andreas Von Arx | add |
Bank of America | Matthew Yates | buy |
Barclays | Sebastian Satz | underweight |
Berenberg Bank | James Targett | buy |
Bernstein | Gunther Zechmann |
underweight |
Bryan Garnier | Loic Morvan | buy |
Crédit Industriel et Commercial | Virginie Royere Roumage | neutral |
Citi Investment Research | Mubasher Chaudhry | neutral |
Credit Suisse | Samuel Perry | underperform |
Davy Research | Cathal Kenny | outperform |
Deutsche Bank | Virginie Boucher-Ferté | hold |
EXANE BNP Paribas | Heidi Vesterinen | neutral |
Goldman Sachs International | Georgina Iwamoto | neutral |
Jefferies | Charles Bentley | underperform |
JP Morgan | Celine Pannuti | neutral |
Kepler Cheuvreux | Patrick Roquas | hold |
Liberum | Adam Collins |
hold |
Mirabaud | Daniel Jelovcan | hold |
Morgan Stanley | Lisa De Neve | equal weight |
Morningstar |
Rob Hales |
sell |
Redburn | Tony Jones | buy |
Société Générale | Thomas Swoboda | sell |
Stifel Europe Bank AG | Isha Sharma | hold |
UBS | Charles Eden | buy |
Vontobel | Jean-Philippe Bertschy | buy |
Zürcher Kantonalbank | Daniel Buerki | outperform |
Recommendation | |
Buy | 7 |
Hold | 9 |
Sell | 5 |
Latest update | 29 October |
Consensus forecasts
The consensus forecasts, compiled by Givaudan, are based on emails and reports received between 18 and 29 October 2021.
Disclaimer:
The consensus forecast set out below results from regular research reports made by analysts currently covering Givaudan, as detailed in the list below. This list has been drawn up to the best of Givaudan’s knowledge but does not purport to be comprehensive of all institutions publishing financial research on Givaudan.
Any opinions, forecasts, estimates, projections or predictions regarding Givaudan’s performance made by the analysts are exclusively theirs and do not represent the opinions, forecasts, estimates, projections or predictions of Givaudan or its management. The publication of this information on this website does not imply that Givaudan endorses, or concurs with, the reports, conclusions or recommendations of the cited analysts. Givaudan disclaims any liability for the accuracy or completeness of such information and does not assume any obligation to update it even if it becomes aware of any changes.
This information is provided for ease of reference only and does not constitute an offer or solicitation to buy, hold or sell Givaudan securities.
in millions of Swiss francs | FY 2020 A | FY 2021 E | FY 2022 E | discrete Q4 2021 |
|
Group sales | 6,322 | ||||
High | 6,727 | 7,224 | 1,694 | ||
Average | 6,682 | 7,082 | 1,626 | ||
Low | 6,580 | 6,944 | 1,513 | ||
LFL Group sales growth (%) | 4.0% | ||||
High | 7.7 | 6.4 | 7.4 | ||
Average | 7.1 | 4.8 | 5.4 | ||
Low | 6.2 | 3.0 |
3.4 |
||
Fragrance & Beauty ( F&B) sales | 2,924 | ||||
High | 3,126 | 3,387 | 775 | ||
Average | 3,099 | 3,259 | 746 | ||
Low | 2,990 | 3,170 | 639 | ||
LFL F&B sales growth (%) | 5.4% | ||||
High | 8.1 | 6.0 | 7.2 | ||
Average | 7.1 | 5.0 | 3.1 | ||
Low | 5.9 | 4.0 | -1.5 | ||
Taste & Wellbeing (T&W) sales | 3,398 | ||||
High | 3,606 | 3,947 | 889 | ||
Average | 3,584 | 3,820 | 875 | ||
Low | 3,534 | 3,693 | 852 | ||
LFL T&W sales growth (%) | 2.8% | ||||
High | 7.8 | 7.6 | 9.7 | ||
Average | 7.1 | 4.8 | 7.4 | ||
Low | 5.5 | 3.0 | 4.6 | ||
EBITDA reported | 1,397 | ||||
High | 1,603 | 1,708 | |||
Average | 1,528 | 1,599 | |||
Low | 1,456 | 1,446 | |||
Net Income reported | 743 | ||||
High | 967 | 1,064 | |||
Average | 874 | 960 | |||
Low | 769 | 855 | |||
Free Cash Flow reported | 811 | ||||
High | 1,048 | 1,106 | |||
Average | 890 | 920 | |||
Low | 653 | 765 | |||
Free Cash Flow as a % of sales | 12.8% | ||||
High | 15.6 | 15.6 | |||
Average | 13.2 | 12.9 | |||
Low | 9.7 | 10.7 | |||
Price Target | |||||
High | 5,000 | ||||
Average | 4,164 | ||||
Low | 2,700 | ||||
Recommendation | |||||
Buy | 7 | ||||
Hold | 9 | ||||
Sell | 5 | ||||
Number of estimates | 21 | ||||
Latest update | 29-10-21 |