3 days ago
Givaudan narrowly misses half-year sales forecast, hit by strong Swiss franc
GDANSK, July 22 (Reuters) - Givaudan (GIVN.S), opens new tab on Tuesday reported half-year sales that fell slightly short of market expectations, hit by the strengthening of the Swiss franc and as growth moderated from the strong prior-year performance.
The Swiss fragrance and flavour maker reported group sales of 3.86 billion Swiss francs ($4.84 billion) for the first six months of 2025, up 3.4% from a year earlier.
That narrowly missed the average forecast of 3.91 billion francs from analysts polled, opens new tab by the company.
($1 = 0.7981 Swiss francs)
