Givaudan sales jump 11% in third quarter despite recent price hikes

(AWP Alliance News) - Givaudan SA on Tuesday posted stronger group sales for the third quarter of 2026, with revenue up across both of its business segments

Givaudan is a fragrances and flavourings manufacturer based in Vernier, Switzerland.

The company said reported group sales increased 11% to CHF2.09 billion in the three months ended September 30, around USD2.51 billion, from CHF1.88 billion in the same quarter a year earlier.

Like-for-like sales were up 8.6%.

Reported Fragrance & Beauty sales jumped 18% to CHF1.14 billion from CHF968 million, while Taste & Wellbeing sales grew 4.5% to CHF952 million from CHF911 million.

On a like-for-like basis, Fragrance & Beauty sales increased 14% while Taste & Wellbeing rose 3.5%.

"We are pleased with the accelerating momentum in our sales growth in the first nine months of 2026, with sustained strong performance in our Fragrance & Beauty business and sequentially improving performance in Taste & Wellbeing, in line with expectations.

"With ongoing geopolitical and macroeconomic challenges, these results once again demonstrate the value that Givaudan's unique capabilities bring to all of our customers in supporting their growth ambitions across all product segments and geographies," commented Chief Executive Officer Christian Stammkoetter.

Group sales rose 2.6% year-on-year to CHF5.89 billion in the nine months ended September 30 from CHF5.74 billion in the same period in the previous year.

Fragrance & Beauty sales were 7.8% higher in the nine-month period at CHF3.15 billion from CHF2.92 billion. Meanwhile, Taste & Wellbeing sales declined 2.8% to CHF2.74 billion from CHF2.82 billion.

Givaudan added that it implemented price increases in collaboration with customers to "fully compensate for the increases in input costs".

Shares in Givaudan closed 1.4% higher at CHF3,488.00 each in Zurich on Monday.

By Elijah Dale, Alliance News senior reporter Asia-Pacific

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