Profit at Givaudan comes with a fine fragrance

The Swiss flavours and fragrances group Givaudan has announced a profit increase of 79 per cent for 2009 of SFr199 million ($185.5 million).

This content was published on February 16, 2010

Givaudan, which is based near Geneva, said this was helped by returning consumer confidence. The result was broadly in line with analysts’ forecasts.

Group sales totalled SFr3.96 billion, with revenues of SFr1.8 billion in the fragrances division and SFr2.14 billion in its flavours business (-3.1 per cent and -3.9 per cent respectively compared with 2008).

“Givaudan’s overall performance in 2009, against the backdrop of a difficult business environment, is a very satisfactory achievement,” commented CEO Gilles Andrier.

“It is also a strong sign of our unique capability to understand and deliver innovation.”

The board is to recommend a share dividend of SFr20.60, which represents an increase of three per cent over 2008.

Givaudan, which makes oils for perfumes and ingredients for soaps, confectionery and soft drinks, said it was confident “to further outgrow the underlying market” in 2010. and agencies

In compliance with the JTI standards

In compliance with the JTI standards

More: SWI certified by the Journalism Trust Initiative

Contributions under this article have been turned off. You can find an overview of ongoing debates with our journalists here. Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at

Change your password

Do you really want to delete your profile?

Your subscription could not be saved. Please try again.
Almost finished... We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.

Weekly top stories

Keep up to date with the best stories from SWI on a range of topics, straight into your mailbox.


The SBC Privacy Policy provides additional information on how your data is processed.