|Bid||105.20 x 7700|
|Ask||105.30 x 107900|
|Day's Range||103.15 - 105.45|
|52 Week Range||71.20 - 121.05|
|Beta (5Y Monthly)||0.59|
|PE Ratio (TTM)||45.41|
|Earnings Date||Aug 06, 2020|
|Forward Dividend & Yield||0.95 (0.90%)|
|Ex-Dividend Date||Jun 18, 2020|
|1y Target Est||69.24|
At flavour maker Givaudan's innovation centre near Zurich, veteran chef Sam Brunschweiler serves up a lamb shawarma dish that looks and tastes appropriately meaty but is made from pea protein. The Swiss company and competitors such as International Flavors & Fragrances and Symrise are vying to create the tastiest plant-based meat alternatives in a market that is growing fast on the back of consumer concerns about health, sustainability and animal welfare. Givaudan analyses how fat, proteins, sugars and water in meat produce different flavours when heated because "most of the flavour comes from the cooking", Garofalo said.
German flavour and fragrance maker Symrise said on Thursday it expects organic growth of 3% to 4% in 2020 sales after reporting revenues slightly below expectations for the first nine months. The forecast for the year is below its long-term target of annual organic growth of 5% to 7%. The company said it aims to increase its annual sales to 5.5-6.0 billion euros ($7.09 billion) by the end of 2025.
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...