Givaudan Q3 Report 2023

Sales performance

In the first nine months of 2023 Givaudan recorded sales of CHF 5,265 million, an increase of 2.9% on a like-for-like1 (LFL) basis and a decrease of 3.5% in Swiss francs.

In an operating environment which continues to be challenging in some key markets and segments, Givaudan sustained good business momentum whilst maintaining its product pipeline, operations and global supply chain at a high level.

With sustained higher input costs in 2023, the Company continues to implement price increases in collaboration with its customers to fully compensate for the increases in input costs.