Givaudan bucks global challenges with half-year sales jump

By Alessandro Carrara | Published: 23-Jul-2025

The Swiss fragrance supplier’s sales were bolstered by a standout performance from its fine fragrance category

Givaudan has reported a bumper half-year of trading in 2025, bucking global economic challenges and US President Donald Trump’s tariff hike woes.

The Swiss fragrance supplier saw sales increase 6.3% to CHF 3,864m on a like-for-like (LFL) basis, driven by a strong performance across its core business divisions.

An “outperformance” of the company’s fine fragrance category bolstered the half-year results, with a 10% increase in sales.

Givaudan CEO Gilles Andrier said: “We are very pleased with our continued strong financial performance in the first half of 2025, despite an environment with ongoing geopolitical and macroeconomic challenges.

“Sales remained strong with good growth across all business segments, geographies and customer groups, against very strong prior year comparables. 

“These results once again demonstrate the value that Givaudan brings to its customers through our highly specialised products and solutions.”

Sales from Givaudan’s Fragrance & Beauty arm were CHF 1,955m, an increase of 8.6% LFL and 7% in Swiss francs.

Consumer Products sales soared 6.1%, while sales of Fragrance Ingredients and Active Beauty were boosted  by 5.7%. 

Givaudan is aiming to achieve organic sales growth of 4% to 5% for the remainder of the year.

The company added in a statement: “With average LFL sales growth of 7.2% for the period 2021 to 2024, and the continued strong LFL growth in the first half of 2025 of 6.3%, Givaudan is highly likely to exceed the upper end of its average five-year sales growth target.”

Givaudan is also gearing up to acquire a majority stake in Brazilian fragrance house Vollmens Fragrances to strengthen its regional growth in Latin America.

The move is said to help the Swiss fragrance supplier “better serve” local customers as Vollmens Fragrances operates across the Latin American region.

It also intends to shore up its operations across Central America, Africa and North America as well.

Related Content: 

Trending Articles

  1. You need to be a subscriber to read this article.
    Click here to find out more.
  2. You need to be a subscriber to read this article.
    Click here to find out more.
  3. You need to be a subscriber to read this article.
    Click here to find out more.

You may also like