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Switzerland's Givaudan Books Lower H1 Income, Sales

MT Newswires·07/23/2026 00:23:30
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12:23 AM EDT, 07/23/2026 (MT Newswires) -- Givaudan (GIVN.SW) said Thursday its income and sales in the first half fell year over year. Income attributable to equity holders of the parent for the six months ended June 30 was 475 million francs, compared with 592 million francs earlier. EPS moved to 51.09 francs from 63.85 francs. The Swiss flavors, fragrances, and cosmetic ingredients maker's sales were 3.8 billion francs, compared with 3.86 billion francs a year ago. Looking ahead, Givaudan expects average like-for-like sales growth of between 4% and 6% over the five-year period from 2026 to 2030.