Givaudan has reported a 5.1% rise in sales to CHF 7.5bn (US$9.75bn) for the 2025 financial year.
The fragrance maker reported net income of CHF 1.07bn, along with a net profit margin of 14.3% of sales. It ended the year with good volume growth and stated that it maintained its operations and global supply chain at a high level.
“We are very pleased with our strong financial performance in 2025, which has been achieved against very strong prior year comparables and in a volatile external environment,” said Gilles Andrier, CEO of Givaudan.
Givaudan’s fragrance and beauty sales were CHF 3.83bn – a like-for-like (LFL) increase of 7.9% and 4.6% in Swiss francs.
On a business unit basis, the company’s fine fragrance sales increased by 18.3% LFL against a high prior year comparable growth of 18.4%.
Consumer products sales increased by 6.8% LFL against the growth of 13.5% in 2024.
Sales in Givaudan’s fragrance ingredients and active beauty divisions decreased by 1.4%, however, with double-digit growth in active beauty offset by weaker performance in fragrance ingredients.
With higher input costs in 2025, including US President Donald Trump’s tariffs, the company continued to implement price increases in collaboration with its customers to fully compensate for the increases in input costs.
As a result of the strong financial year, Givaudan is targeting 4% to 6% average LFL sales growth over the next five years.
Andrier added: “Furthermore, we are very proud of our results over the five-year strategic planning period 2021 to 2025, where we have exceeded all of our financial ambitions.
“These industry-leading results are a strong testament to the unique position of Givaudan in supporting the growth of our customers across our business, and to our Givaudan colleagues for their passion and dedication in consistently delivering excellent results.”