Givaudan 1Q Sales Rose Amid Growth Across Segments, Regions
By Olivia Bugault
Givaudan SA said Tuesday that sales rose in its first quarter
thanks to a good performance across most of its product segments
The Swiss flavor-and-fragrance company booked sales of 1.67
billion Swiss francs ($1.81 billion), a 7.7% increase on year on a
At its fragrance and beauty segment, like-for-like sales grew
9.9% to CHF788 million, while its other division, tastes and
wellbeing, recorded sales at CHF886 million, a 5.8% like-for-like
increased for the first three months of the year, it said.
"We have seen continued strong demand across the parts of our
business which are less impacted by the Covid-19 pandemic and
improving conditions in the parts of our portfolio which have been
more affected," Givaudan Chief Executive Gilles Andrier said.
Write to Olivia Bugault at firstname.lastname@example.org
(END) Dow Jones Newswires
April 13, 2021 01:21 ET (05:21 GMT)
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