Givaudan Posts First-Half Profit, Sales Rise
22 Luglio 2021 - 7:16AM
Dow Jones News
By Sarah Sloat
Givaudan SA said Wednesday that net income and sales rose in the
first half, with positive business momentum and growth across most
segments and regions.
The Swiss flavor-and-fragrance company said net profit in the
period ended June rose to 481 million Swiss francs ($524.1 million)
from CHF413 million in the period a year earlier.
Earnings before interest, taxes, depreciation and amortization
increased to CHF809 million from CHF734 million while sales climbed
7.9% to CHF3.37 billion on a like-for-like basis.
"As the Covid-19 pandemic continued to have an impact on a
global level, Givaudan sustained good business momentum whilst
maintaining its operations and global supply chain at a high
level," Givaudan said.
Write to Sarah Sloat at sarah.sloat@wsj.com
(END) Dow Jones Newswires
July 22, 2021 01:15 ET (05:15 GMT)
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