- Givaudan’s third-quarter sales reached CHF 1.91 billion, surpassing estimates of CHF 1.86 billion, marking a 10% increase year-over-year.
- Like-for-like sales rose by 14.1%, exceeding the previous year’s 4% increase and the estimate of 10.7%.
- The Fragrance & Beauty segment achieved a 16% growth in like-for-like sales, compared to 6.5% the previous year and beating the estimated 11.9%.
- Taste & Wellbeing segment reported a 12.4% increase in like-for-like sales, significantly higher than last year’s 1.7% and above the 9.59% forecast.
- For the first nine months, sales totaled CHF 5.64 billion, reflecting a 7.2% year-over-year increase.
- Givaudan maintains its forecast for like-for-like sales growth of 4-5% for the year, despite market expectations of 10.2%.
- The company aims for organic sales growth of 4-5% on a like-for-like basis and targets a free cash flow of at least 12%.
- Nine-month Fragrance & Beauty sales reached CHF 2,782 million, showing a 15.6% increase like-for-like and a 10.8% rise in Swiss francs.
- Taste & Wellbeing sales for the same period were CHF 2,862 million, up by 10.7% like-for-like and experiencing a 3.9% increase in Swiss francs.
- Market sentiment includes 6 buy ratings, 17 holds, and 4 sell recommendations for Givaudan’s stock.
A look at Givaudan Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Givaudan, a company that manufactures and markets fragrances and flavors globally, shows a positive long-term outlook. With strong scores in Growth and Momentum, Givaudan is positioned well for future expansion and market performance. The company’s focus on innovation and capturing market trends is reflected in its high scores for Growth and Momentum.
Givaudan’s resilience score highlights its ability to weather economic uncertainties and challenges, adding to its overall attractiveness as an investment. Although the company receives lower scores in Value and Dividend, its solid performance in Growth, Resilience, and Momentum indicates promising prospects for long-term investors seeking growth opportunities in the fragrances and flavors industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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