Givaudan Announces Half Year Results


Givaudan has announced its half year results.

The company saw sales of CHF 2.674 million for the first six months of 2018, an increase of 5.6% on a like-for-like basis.

Fragrance division sales, at CHF 1.223 million, saw an increase of 6.5%. Fine fragrance sales increased by 15.6%, driven by double-digit growth in all regions. Sales of fragrance ingredients and active beauty increased by 8.2%; active beauty saw double-digit growth. Sales of consumer products increased 3.9%.

Flavor division sales increased 4.9% on a like-for-like basis, to CHF 1.451 million. Beverages, dairy, sweet goods and snacks were the division’s main growth drivers, and all regions delivered growth.

Related: Givaudan Acquires Shares in Naturex

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