Givaudan reports 8.4 percent sales increase in first nine months

FILE PHOTO - Employees work in a laboratory at Givaudan's facilty which also houses their perfumery school in Singapore January 7, 2016. REUTERS/Edgar Su/File Photo - Copyright Edgar Su(Reuters)

By Reuters

Published on 09/10/2018 - 08:04•Updated 19/04/2024 - 03:13

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ZURICH (Reuters) - Fragrance and flavour maker Givaudan <GIVN.S> reported an 8.4 percent increase in sales during the first nine months of 2018 on Tuesday, led by a strong performance in its fragrances division.

"Givaudan continued the year with good business momentum and with the project pipeline and win rates sustained at a high level," the Swiss company that makes flavours for chicken and fragrances for washing powder said in a statement.

The Geneva-based company posted sales of 4.1 billion Swiss francs (3.1 billion pounds), an increase of 5.7 percent on a like-for-like basis and 8.4 percent increase in Swiss francs.

(Reporting by John Revill, editing by John Miller)

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