On October 14, international fragrance and flavor giant Givaudan released its financial results for the third quarter of 2025.
According to the report, Givaudan’s sales for the first nine months of 2025 reached CHF 5.743 billion, representing a year-on-year increase of 5.7%.
Givaudan CEO Gilles Andrier commented, “We are very pleased with this solid performance. During this period, the company’s natural hedging mechanisms continued to deliver strong support, enabling robust results across business units, regions, and customer segments. We remain focused on supporting our customers’ growth and helping them develop innovative products that resonate with consumers.”
The report noted that the company’s performance growth was primarily driven by an 8.1% increase in high-growth markets, stronger-than-average growth among local and regional clients, and continued momentum in the fine fragrance segment.
In detail, Givaudan’s Fragrance & Beauty division recorded sales of CHF 2.923 billion, up 8% year-on-year. Within this segment, Fine Fragrances grew 18.7%, Consumer Products rose 5.9%, and Fragrance Ingredients & Active Beauty increased 1.5%.
By region, sales in Asia Pacific rose 4.6% to CHF 1.366 billion; Europe, Middle East, and Africa (EMEA) increased 7.6% to CHF 2.406 billion; North America grew 3.5% to CHF 1.328 billion; and Latin America climbed 5.7% to CHF 643 million.
The report also revealed that between 2021 and 2024, Givaudan achieved an average annual sales growth rate of 7.2%, and with the strong 5.7% growth seen in the first nine months of 2025, the company is on track to exceed the upper end of its five-year average sales growth target (4%–5%) for the 2021–2025 period.
