Integrated Annual Report 2024

Animal Nutrition & Health (ANH) helps to deliver healthy animal proteins efficiently, while harnessing the power of data to make animal farming practices more sustainable, productive, and transparent.

Our global team of over 6,000 talented people is spread across more than 60 countries, delivering annual revenues of over €3.3 billion. Our pioneering spirit and rich heritage have delivered many groundbreaking nutritional innovations including vitamins, carotenoids, feed enzymes, eubiotics, mycotoxin deactivators, and AI for livestock management.

We are a leading provider of vitamins, advanced feed additives (Performance Solutions), and premixes, empowered by cutting-edge AI-driven Precision Services. We enhance livestock health and performance, improve feed efficiency and safety, reduce emissions and antibiotic use, and enable data-driven decision-making. Our solutions help animal farmers face a range of challenges in meeting growing global demand for healthy and sustainable proteins, including:

  • The need for increased productivity and cost efficiency to support their incomes and offset the effects of food inflation
  • Concerns about the environment and increasing pressures on it
  • The use of antibiotics and the dangers posed by antimicrobial resistance (AMR)
  • The need for expertise and data analytics to leverage data to address these challenges

The composition of nutrition and feed also impacts animal health, productivity, and environmental footprint, but advances in precision nutrition, innovative feed additives, and farm data analytics offer new ways to tackle these complex, interconnected issues.

In 2024, it was recognized that our ANH business would thrive better under different ownership. This led to the announcement in February 2024 to separate our Business Unit from the Group.

Highlights

In 2024, we delivered +5% organic sales growth, with Adjusted EBITDA up significantly from the previous year

Preparations for the carve-out of our ANH business advanced well

Continued strong growth of innovation sales in Performance solutions and Precision Services, with new strategic customer agreements strengthening our competitive edge

Our vitamin business delivered a step-up in profitability, clearly showing its resilience

The inauguration of two new premix plants in Egypt and Brazil marked a milestone toward growth

New partnerships established in the ecosystem of Sustell™ included Deloitte, IFC, and feed formulation software providers

Veramaris® doubled production volumes, becoming a viable alternative to fish oil

Gold perfume bottle in natural environment (photo)

Perfumery & Beauty:
Creating an award-winning fragrance with universal appeal

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Person holding a porridge bowl and a spoon with porridge and fruits (photo)

Taste, Texture & Health:
Working in synergy to formulate a new yogurt range

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A person holding a glass full of yellow pills (photo)

Health, Nutrition & Care:
Accelerating a customer’s transition to algal omega-3

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