Givaudan lifts Q3 sales and reaffirms its long-term targets

what happened

According to dpa-AFX, Swiss flavors, fragrances and cosmetic-ingredient maker Givaudan AG posted higher third-quarter sales both on a reported basis and like for like. Revenue totaled 2.092 billion Swiss francs, versus 1.879 billion francs a year earlier, representing an 11.3 percent increase. Like-for-like, or LFL, growth was 8.6 percent, compared with 4.4 percent in the prior year.

Fragrance & Beauty generated 1.140 billion francs. Its reported growth was 17.7 percent, while the like-for-like increase came to 13.5 percent. Revenue at Taste & Wellbeing rose 4.5 percent to 952 million francs, with LFL growth of 1.5 percent.

For the first nine months of 2026, Givaudan’s sales reached 5.891 billion francs, up 2.6 percent in francs and 5.2 percent on an LFL basis. Fragrance & Beauty sales increased 7.8 percent, while reported revenue at Taste & Wellbeing declined 2.8 percent. The company said volumes remained strong and that its operations and global supply chain continued to perform at a high level despite ongoing geopolitical volatility. Givaudan also retained its mid- and long-term ambitions: under its 2030 strategy, it still targets average like-for-like sales growth of 4–6 percent over five years and average adjusted free cash flow above 12%.

why it matters

The figures highlight a marked contrast between the two main divisions, with Fragrance & Beauty providing the stronger contribution and Taste & Wellbeing lagging over nine months. Retaining the 2030 targets leaves the company’s strategic framework unchanged.

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