On April 10, 2025, flavor and fragrance company Givaudan published its sales report for the first three months of 2025.
According to the report, Givaudan recorded sales of CHF 1,977 million, which is an increase of 7.4% on a like-for-like (LFL) basis. Further, sales in high-growth markets increased by 12.8% on an LFL basis. Fragrance and beauty sales totaled to CHF 1,009 million, an increase of 9.8%, and taste and wellbeing sales totaled CHF 968 million, an increase of 5%.
“We are very pleased with the strong start to the year across business segments, customer groups and geographies, against very strong prior year comparables,” said chief executive officer Gilles Andrier. “With ongoing uncertainty in relation to global trade tariffs, we remain focused on our strategy and on delivering innovative solutions to help drive the growth of our customers. We will continue to ensure a high level of service and agility in navigating the challenges which the broader macro-economic environment may present.”
The company stated in its press release that it will maintain “ambitious” targets in 2025, including organic sales growth of 4-5% and free cash flow increase of at least 12%.
