Givaudan falls to bottom of STOXX as sales growth disappoints

Givaudan SA

22/07/2025 08:41

** Shares in Givaudan GIVN.S drop 6% after the Swiss fragrance and flavour maker reported Q2 numbers below expectations as growth moderated from the strong prior-year performance

** Q2 sales came in at CHF 1.89 billion ($2.37 billion), a 5.2% growth on a like-for-like basis, which was below 6.4% seen in a company-provided consensus

** "Givaudan reported a miss on organic top-line growth," J.P.Morgan says

** Taste & Wellbeing segment organic growth of +3.2% (consensus +4.9%) was the driver of the miss, while by region it was Latin America and APAC that were the source of the growth deceleration, it adds

** The stock hovers at the bottom on the STOXX 600 index .STOXX and if losses hold, it will see its worst day since April

($1 = 0.7982 Swiss francs)

 (Reporting by Jagoda Darlak)

 ((Jagoda.Darlak@thomsonreuters.com; +48 58 769 65 40;))