Why invest in dsm-firmenich

The leading innovator in nutrition, health, and beauty

dsm-firmenich are innovators in nutrition, health, and beauty, bringing progress to life through solving the tension between what people individually want (the desirable), what we collectively need (the essential) and what the planet demands (the sustainable).

We are strategically placed to capitalize on the positive long-term megatrend of holistic well-being, which is fueling above-market growth opportunities in our three, synergistic Business Units.

Demand for fragrances and beauty products has been surging, with scent being a key purchase driver

Consumers are prioritizing healthy nutrition 

 

The share of spend on preventative health is increasing year-on-year 

dsm-firmenich is a “Category of One”

We are redefining what is possible in nutrition, health, and beauty. With an unmatched portfolio, exceptionally combining the production of essential goods, that are desirable and manufactured in a sustainable way.

This is driven by a unique ability to blend creativity, science and innovation through:

1- The broadest ingredients toolbox, enabling the creation of new, proprietary ingredients in naturals and bio-based categories:

  • Enabling truly unique formulations supporting signature scent, flavor profiles, food & beverage solutions, enhancing brand identity and consumer loyalty
  • Increases speed of new product development via access to its proprietary and specialized ingredients
  • Upstream integration in own ingredients in combination with our Science & Research competences, delivering clean-label, natural, or functional ingredients tailored to ESG goals, supporting traceability and responsible sourcing

 

2- Deep and extensive heritage in innovation and science capabilities through our excellence in Science & Research, including:

  • Biotechnology
  • Microbiome science
  • Receptor biology and sensory sciences
  • Data science and AI
     

3- World-class talent

4- Truly global footprint of assets and sales

5- Leadership in sustainability

 

Driving us towards our ambitious mid-term targets of

Organic Sales Growth 5-7%

Adjusted EBITDA margin of 22-23%

Cash to sales conversion ratio exceeding 14%

Underpinned by:

A strong and efficient balance sheet:

  • Net debt to adj EBITDA range of 1.5x-2.5x, ensuring a strong credit rating from external agencies

Clear,  disciplined and shareholder focused approach to capital allocation

  • Disciplined capex to driven organic growth
  • Dividend – average, mid-term pay-out ratio of 40-60% of net core earnings
  • M&A – prudent and value creating
  • Return of excess capital to shareholders

 

Perfumery & Beauty (P&B) is a leading creation and innovation partner for the most iconic global and local brands in consumer goods, lifestyle, and luxury beauty. P&B is home to some of the finest industry talent, offers an unmatched palette of ingredients, including captives, and is supported by a vertically integrated supply chain.

P&B covers the entire perfumery and beauty market space.

  • In Perfumery, we are a leading partner of our customers in Fine Fragrance and Consumer Brands.
  • In Ingredients, we provide the broadest, fully integrated portfolio in the industry, with a world-class palette, including captives, which enables the full creativity of our 100+ perfumers to create unique olfactory experiences.
  • In Beauty & Care, we build scientifically proven solutions for face, skin and hair care products.

€3.8bn

Revenues*

3%

Organic sales growth*

5500

Employees*

22%

EBITDA margin*

Taste, Texture & Health (TTH) brings progress to life by tackling some of society’s biggest challenges: providing nutritious, healthy, and sustainable food and beverages; accelerating diet transformation with products that offer appealing taste and texture; and nourishing the rapidly growing global population while minimizing food loss and waste.

TTH consists of Taste, which includes the segments flavors, natural extracts, sugar reduction solutions, and Ingredients Solutions, with segments including food enzymes, hydrocolloids, cultures, natural colorants, nutritional ingredients, and plant-based proteins. Our four growth platforms – plant-based, sugar reduction, petfood, and health benefits solutions – deploy portfolios and application and creation capabilities across these two divisions.

TTH brings to market delicious, nutritious, and sustainable food and beverage solutions that are both appealing to consumers and better for People and Planet than the products they replace. We develop products with two key sustainability objectives: to help sustainably feed a growing population and minimize food loss and waste. To achieve these goals, we find creative solutions tailored to our customers. 

€3.1bn

Revenues*

4%

Organic sales growth*

+7000

Employees*

~21%

EBITDA margin*

Health, Nutrition & Care (HNC) helps people improve their health by supplementing their diet with critical nutrients. With businesses in Early Life Nutrition, Dietary Supplements, Pharmaceuticals, Medical Nutrition, and Biomedical materials, our products offer preventative health solutions over the entire lifespan of consumers. We drive nutrition science and medical innovation forward, optimizing immunity, accelerating recovery, and enhancing quality of life.

At HNC, we elevate global patient and consumer health at every life stage by creating and delivering next-generation products, customized solutions, and expert services. As an end-to-end partner, we work closely with our customers from product conception to launch, providing unique consumer insights, a broad portfolio of nutritional ingredients, and innovative solutions.

We address specific nutritional and wellness needs with our direct-to-customer i-Health business. We also serve the nutrition improvement sector, providing affordable and accessible nutrition fortification solutions for some of the world’s most vulnerable populations.

€2.1bn

Revenues*

3%

Organic sales growth*

>3700

Employees*

>19%

EBITDA margin*

* 2025 actuals

Contact Investor Relations

Whether you’re a shareholder, potential shareholder, or analyst, our Investor relations team is on hand to answer your questions.

Explore more
  • Financial results & presentations

    All the key financial performance information published dsm-firmenich

  • Dividends

    All the key details about dsm-firmenich’s dividend policy.

  • Sustainability

    Sustainability is fundamental to how dsm-firmenich brings progress to life – for people and planet.

Stay up to date

Be the first to know about key news as we continue shaping the future and bringing progress to life.