Givaudan's 2016 Annual Report highlights the company's solid financial performance, with sales up 4.2% on a like-for-like basis and EBITDA up 5.2% in Swiss francs. The company's key figures show that sales and results grew by 6.1% for the year ended December 31, 2016, with fragrance sales up 6.4% and flavour sales up 5.8%. Gross profit as a percentage of sales was 45.6%, and EBITDA as a percentage of sales was 24.1%. The company's proposed dividend of CHF 56.00 per share, an increase of 3.7% year-on-year, was approved by shareholders at the AGM meeting on March 23, 2017.