Bulletin
Investor Alert

New York Markets After Hours

April 13, 2021, 1:19 a.m. EDT

Givaudan rise amid growth across segments, regions

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

By Olivia Bugault

Givaudan SA said Tuesday that sales rose in its first quarter thanks to a good performance across most of its product segments and markets.

The Swiss flavor-and-fragrance company booked sales of 1.67 billion Swiss francs ($1.81 billion), a 7.7% increase on year on a like-for-like basis.

At its fragrance and beauty segment, like-for-like sales grew 9.9% to CHF788 million, while its other division, tastes and wellbeing, recorded sales at CHF886 million, a 5.8% like-for-like increased for the first three months of the year, it said.

"We have seen continued strong demand across the parts of our business which are less impacted by the Covid-19 pandemic and improving conditions in the parts of our portfolio which have been more affected," Givaudan Chief Executive Gilles Andrier said.

Write to Olivia Bugault at olivia.bugault@wsj.com

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.