Flavour and fragrance company Givaudan saw its sales slow in the third quarter, dropping to 5.2% in the third quarter, down on the 10.1% sales growth recorded in the first half of the year.

In the three months 30 September, the Switzerland-based firm saw sales grow 5.2% to CHF1.08bn (US$1.12bn).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The flavour division, which serves food and beverage customers, saw growth slow the most, posting 3.8% growth for the quarter to CHF562m – but 6.5% to CHF1.7bn for the nine-month period.

For the nine-month period, Givaudan’s total sales grew 8.5% to CHF3.28bn.

The group said that for the fourth quarter, it expects to see a continued good performance and is confident of achieving its goals of sales growth of above 5% in local currencies and an EBITDA margin of 22.7%.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now