Givaudan narrowly misses half-year sales forecast, hit by strong Swiss franc

Givaudan on Tuesday reported half-year sales that fell slightly short of market expectations, hit by the strengthening of the Swiss franc and as growth moderated from the strong prior-year performance.

​The Swiss fragrance and flavour maker reported group sales of 3.86 billion Swiss francs ($4.84 billion) for the first six months of 2025, up 3.4% from a year earlier.

That narrowly missed the average forecast of 3.91 billion francs from analysts polled by the company.

($1 = 0.7981 Swiss francs)