Strong growth in emerging markets was a major driver of increased sales in the first nine months of 2012, according to Switzerland-based flavour and fragrance firm Givaudan.
Flavours and fragance house Givaudan, while posting third quarter results, said its decision to increase its prices will soften the impact of higher raw material input costs for products such as citrus and orange oil in 2011 and fully cover them in 2012.
Nestle profits down as currency and material costs take toll
Swiss food giant Nestlé has reported a 13% drop in first-half profit after being hit by high raw-material prices and an elevated Swiss franc.
Givaudan reports fair Q1 before price increase
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.
Flavours and fragrance market to shrink, says Symrise CEO
Symrise CEO predicts continued shrinkage in the fragrance and flavour market as acquisitions prop up first half sales and weigh down profits.
Flavour giant Givaudan is using new sensory validation techniques to measure how salt impacts on aspects of taste, and is using this as the basis for new ingredients.
Givaudan flavour sales led by snacks
Givaudan’s sales may have dipped in 2008 but double digit growth in its snacks segment helped to bolster its flavour division.
Recession bites into Barry Callebaut chocolate sales
There is further evidence that the market for chocolate is not as recession proof as traditionally thought as Barry Callebaut sales in Europe saw a marked drop over Q1.
Givaudan reports ‘resilient’ six months
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.
Quest integration boosts Q1 for Givaudan
Givaudan has reported strong sales for the first quarter ending
March 31 with results significantly boosted by the continuing
integration of Quest International.
Givaudan reports solid finances after streamlining
Givaudan's full year results for 2006 indicate that the flavour and
fragrance giant is profiting from the streamlining of its commodity
Flavour giant Givaudan acquires Quest
Givaudan's £1.2bn acquisition of Quest International underlines the
Swiss firm's ambitions in the global flavour industry.
Givaudan gains momentum after streamlining
Givaudan claims to have continued its good sales growth momentum
despite strong comparables in the third quarter and the ongoing
streamlining of commodity ingredients.
Givaudan flavour growth hit by ongoing streamlining
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.
Givaudan's new flavour head has work cut out
The announcement that Mauricio Graber will take over as head of
Givaudan's flavours division comes after the firm reported modest
flavour results for 2005.
Givaudan confident despite flat flavour sales
Flat European flavour sales for 2005 should not stop Givaudan from
consolidating its leading position in the European fragrance and
Flagging growth for flavour leader Givaudan
Contributing the biggest revenue stream to Givaudan, the flavours
unit posted sales of CHF 1.6 billion (€1 billion) sales in 2004,
representing stagnant growth on a like-for-like basis in Swiss
Record margins for Nestlé
Despite the negative impact of a strong Swiss franc Swiss food
group Nestlé this week reported a net profit increase of 15.9 per
cent to CHF 6 681 million (€4 524m) from the previous year, setting
a new net margin record of 7.9 per...