Givaudan seen down, Jefferies points to sales and margin miss

Givaudan SA

29/01/2026 07:22

** Shares in Swiss fragrance maker Givaudan are seen down around 3% in Swiss pre-market with brokerage Jefferies pointing to adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) and fourth quarter sales being below expectations

** Givaudan reported 2025 full-year sales at 7.47 billion Swiss francs  ($9.76 billion) compared to estimates of 7.5 billion in a company provided consensus and comparable EBITDA at 1.81 billion Swiss francs compared to estimates at 1.83 billion Swiss francs

** The brokerage also points to missed expectations in its taste and wellbeing segment which reported sales at 3.64 billion Swiss francs versus estimates at 3.68 billion Swiss francs

** Up to the previous session's close, shares were down 0.3%​ YTD

($1 = 0.7654 Swiss francs)

 (Reporting by Cian Muenster)

 ((Cian.muenster@thomsonreuters.com))