logo
  

Givaudan 9-month LFL Sales Up 7.7% - Quick Facts

Givaudan (GVDBF.PK) said it recorded continued strong performance across all parts of its business and experienced ongoing recovery in Fine Fragrances, Active Beauty and in foodservice. Also, the Group has made excellent progress in its 2025 strategic growth initiatives.

In the first nine months of 2021, the company recorded sales of 5.07 billion Swiss francs, up 7.7% on a like-for-like basis and 5.8% in Swiss francs. Fragrance & Beauty sales were 2.35 billion francs, up 8.4% on a like-for-like basis and an increase of 6.9% in Swiss francs. Taste & Wellbeing sales were 2.72 billion francs, up 7.2% on a like-for-like basis and an increase of 4.8% in Swiss francs.

As part of Givaudan's 2025 strategy, the company plans to achieve organic sales growth of 4-5% on a like-for-like basis and free cash flow of at least 12%, both measured as an average over the five-year period strategy cycle.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Hormel Foods Corp. (HRL) said, in the fourth quarter, the company delivered earnings per share comparable with record results last year, which included an additional week of sales. Pretax earnings were $357 million, up 1% from a year ago. Organic net sales were up 2%, excluding the impact of an additional... Over the Thanksgiving holiday weekend, from Thanksgiving Day to Cyber Monday, around 196.7 million Americans shopped in stores and online, higher than the previous year, according to the National Retail Federation or NRF. Black Friday continued to be the most favored day for in-store as well as online shopping during the five-day holiday period. Lenoir, North Carolina -based Exela Pharma Sciences, LLC has expanded its recall of Sodium Bicarbonate Injection due to vial breakage to include more lots, the U.S. Food and Drug Administration said. The product is used for treatment of metabolic acidosis and is packaged in a 50 mL glass vial, 20 vials per carton.
RELATED NEWS
Follow RTT