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Givaudan's quarterly organic sales beat market view on fragrance strength

Givaudan's quarterly organic sales beat market view on fragrance strength

- Swiss fragrance and flavour maker Givaudan GIVN.S reported third-quarter organic sales growth well ahead of market expectations on Tuesday, driven by strong momentum in its fragrance division and a continued recovery in flavours.

The group's like-for-like sales grew 8.6% year-on-year in the three months to September, while analysts polled by Givaudan had forecast a 4.7% rise.


(Reporting by Rafal Nowak in Gdansk, editing by Milla Nissi-Prussak)

((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))

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