Givaudan: Givaudan: sales up over 8% in Q1

Givaudan reports sales of 1.98bn CHF for Q1 2025, up 8.5% as reported and up 7.4% LFL (at constant consolidation scope and exchange rates). The Swiss fragrance and flavorings supplier reports good growth in all business sectors and markets, with LFL increases of 12.8% in high-growth markets and 2.6% in mature markets. In view of rising input costs in 2025, including customs duties, Givaudan says it will 'implement price increases in collaboration with its customers in order to fully offset input cost increases. In terms of outlook, the group believes it should most likely exceed the upper limit of its five-year average sales growth target of 4-5% on a comparable basis for the period 2021-25. Copyright (c) 2025 CercleFinance.com. All rights reserved. Givaudan reports sales of 1.98bn CHF for Q1 2025, up 8.5% as reported and up 7.4% LFL (at constant consolidation scope and exchange rates). The Swiss fragrance and flavorings supplier reports good growth in all business sectors and markets, with LFL increases of 12.8% in high-growth markets and 2.6% in mature markets. In view of rising input costs in 2025, including customs duties, Givaudan says it will 'implement price increases in collaboration with its customers in order to fully offset input cost increases. In terms of outlook, the group believes it should most likely exceed the upper limit of its five-year average sales growth target of 4-5% on a comparable basis for the period 2021-25. Copyright (c) 2025 CercleFinance.com. All rights reserved.