Givaudan sales rally in Q3

Published: 9-Oct-2009 Featured companies: Givaudan Active Beauty

The Swiss Givaudan group, which develops and produces aromas, fragrances and additives for the cosmetics and other industries, has reported a 0.4% increase in local currency terms for the first nine months of 2009 to SFr3.02bn ($2.94bn) .


The Swiss Givaudan group, which develops and produces aromas, fragrances and additives for the cosmetics and other industries, has reported a 0.4% increase in local currency terms for the first nine months of 2009 to SFr3.02bn ($2.94bn) .

However sales were down 3.9% in Swiss francs. The level of sales was slightly above market forecasts and Givaudan has announced cost cutting with the aim of achieving savings of SFr200m in the period to 2010.

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