date:Oct 11, 2012
Flavours and fragrances company Givaudan has reported a 6.1% (local currency) increase in sales for the first nine months of 2012.
Sales of flavours were up by 4.8%, with fragrances growing by 7.6%.
In the most recent quarter, however, sales grew by only 4.6%, with flavours ahead by 3% and fragrances up by 6.3%.
Mid-term, the company said, its overall objective is to grow organically between 4.5% and 5.5% per annum, assuming a market growth of 2-3%, and to continue on the path of market share