28 Jan 2019 --- Flavor and fragrance giant Givaudan has posted its full-year results with sales of CHF 5.5 billion (US$5.54 billion), up 5.6 percent on the previous year. Net income decreased to CHF 663 million (US$668 million) in 2018 from CHF 720 million (US$725 million) in 2017. This results in a net profit margin of 12 percent, versus 14 percent in 2017. Financing costs in 2018 were CHF 55 million (US$55.4 million) versus CHF 42 million (US$42.3 million) in 2017, largely related to the increase in the net debt of the group in connection with the Naturex acquisition.