Givaudan: 9m sales up 7%
(CercleFinance.com) - Swiss fragrance and flavor group Givaudan has reported sales of 5.
64bn CHF for the first nine months of 2024, up 7.2% aS reported basis and up 13% on a comparable basis.
Givaudan reported strong growth in all product segments, regions and customer groups, with organic increases of 20.9% in high-growth markets and 6.6% in mature markets.
The excellent performance and commitment of all parts of the Givaudan organization worldwide have enabled us to continue to support the strong and broad-based demand from our customers, it said.
Givaudan targets medium-to-long term LFL sales growth of 4% to 5% and FCF up by at least 12%, both measured on average over the five-year strategic cycle.
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