Flavour and fragrance firm Givaudan said increased sales of its flavours for snacks, beverages and dairy products in Latin America boosted its sales during 2012, as it reported a 15% increase in overall net profit.
Flavour and fragrance firm Givaudan’s first half net profits crashed by 40 per cent as raw material costs and record currency rates take their toll on the Swiss company, despite good local growth in its flavours businesses.
Givaudan’s has reported fair growth in Q1 in local currencies but a decline in Swiss Francs, but the second half of the year promises greater protection against raw material cost rises as a series of price increases will come into effect in Q2.
Givaudan has reported a good first half to 2008 despite the economic environment, seeing above-market growth and hassle-free integration of its recent Quest acquisition.
Givaudan has reported strong sales for the first quarter ending
March 31 with results significantly boosted by the continuing
integration of Quest International.
Swiss flavour giant Givaudan has reported growth in the first of
2006, despite the ongoing streamlining of commodity ingredients in
both flavour and fragrance divisions.
Strong gains in dairy and beverage flavour ingredients helped Swiss
flavour and fragrance group Givaudan post sales of SF685 million
(€457m) for the first quarter of 2003, representing a healthy
growth of 21.1 per cent in local currencies...
Sales at Huegli Holding AG rose by 7.2 per cent to 192.7 million
Swiss francs (€131.1m) in 2001, with the extent of the increase
held back by a strong Swiss franc, the Swiss food group said on
Thursday.
Swiss industrial chocolate producer Barry Callebaut AG on Tuesday
reported 2000/2001 results in line with analysts' expectations and
maintained its medium-term targets while raising its dividend.
In a month when many companies in the food industry have reported a
downturn in profits Swiss flavour and fragrance company Givaudan
boasted healthy results.
Swiss food group Nestle is expected to report sales growth for the
first nine months of the year of 5.7 per cent, slowing from 6.3 per
cent in the first half of the year, on the global economic slowdown
Swiss flavour and perfumery firm Firmenich reported this week
record sales of nearly 1.7 billion Swiss francs, an increase of 22
percent for the 12-month...
