Givaudan rise amid growth across segments, regions

Givaudan rise amid growth across segments, regions

Givaudan SA mentioned Tuesday that gross sales rose in its first quarter because of a superb efficiency across most of its product segments and markets. The Swiss flavor-and-fragrance firm booked gross sales of 1.67 billion Swiss francs ($1.81 billion), a 7.7% improve on yr on a like-for-like foundation.

At its perfume and sweetness phase, like-for-like gross sales grew 9.9% to CHF788 million, whereas its different division, tastes and wellbeing, recorded gross sales at CHF886 million, a 5.8% like-for-like elevated for the primary three months of the yr, it mentioned. “We have seen continued sturdy demand across the components of our enterprise that are much less impacted by the Covid-19 pandemic and enhancing circumstances within the components of our portfolio which have been extra affected,” Givaudan Chief Executive Gilles Andrier mentioned. Write to Olivia Bugault at [email protected]

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