Givaudan shares slump over 6% after cautious sales outlook on analyst call
11/12/2025 10:45
Dec 11 (Reuters) - Shares in Givaudan GIVN.S fell sharply on Thursday after traders cited disappointing comments on sales guidance during an analyst call ahead of next month's full-year results. By 1051 GMT, the stock was down more than 6% after earlier rising 0.4%. One trader said the fragrance maker did not reaffirm its full-year sales growth guidance of 5.5%. "Givaudan hosted a group Q4 update... Market conditions more challenging versus the 5.5% OSG (Organic Sales Growth) guide provided in August,” Jefferies wrote in a note. Givaudan was not immediately available for comment. (Reporting by Danilo Masoni, Ozan Ergenay and Emanuele Berro; Editing by Louise Heavens) ((Danilo.Masoni@TR.com; Reuters Messaging: danilo.masoni.thomsonreuters.com@reuters.net))