Givaudan's quarterly organic sales beat market view on fragrance strength
Givaudan's quarterly organic sales beat market view on fragrance strength Oct 13 (Reuters) - 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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