Finance
Fragrance maker Givaudan's sales growth slows, dragged by soft Asia Pacific
Published by Global Banking and Finance Review
Posted on January 29, 2026
2 min readLast updated: January 29, 2026
Quick Summary
Givaudan's 2025 organic growth was 5.1%, below the 5.2% expected by analysts. Sales reached 7.47 billion francs, with a proposed dividend of 72 francs per share.
Givaudan Reports Slower Sales Growth Amid Weak Demand in Asia Pacific
Givaudan's Sales Performance Overview
Jan 29 (Reuters) - Swiss fragrance and flavour maker Givaudan's organic sales growth slowed down to 5.1% in 2025 amid waning demand, it said on Thursday, missing analysts' average forecast of 5.2% and its own guidance of 5.5%.
Regional Sales Analysis
Growth slowed from 12.3% in 2024 as Asia Pacific sales fell and demand for fragrance ingredients declined, Givaudan said. Growth also moderated across other business regions including Latin America and South Asia, the Middle East and Africa.
Financial Results Summary
Annual group sales reached 7.47 billion Swiss francs ($9.76 billion), while analysts polled by Givaudan were expecting 7.50 billion francs on average. The company proposed a dividend of 72 francs per share, up 2.9% from a year earlier.
Market Challenges
Sales in the Fragrance & Beauty business beat forecasts at 3.83 billion francs, fuelled by 18.3% like-for-like growth in fine fragrances, while Taste & Wellbeing revenue lagged consensus at 3.64 billion francs, hit by declining sales in the Asia Pacific region.
Net profit fell 1.7% to 1.07 billion francs, as the strong Swiss franc stripped 370 million francs from sales.
Givaudan, whose customers include cosmetics firms and drinks makers, faces significant pressure from the strengthening of the Swiss franc, which is seen as a safe haven amid global economic and political turmoil.
($1 = 0.7650 Swiss francs)
(Reporting by Rafal Nowak and Cian Muenster in Gdansk; Editing by Milla Nissi-Prussak)
Key Takeaways
- •Givaudan reported 5.1% organic growth for 2025.
- •Analysts expected a 5.2% growth rate.
- •Company sales reached 7.47 billion Swiss francs.
- •A dividend of 72 francs per share was proposed.
- •Market reactions were reported from Gdansk.
Frequently Asked Questions about Fragrance maker Givaudan's sales growth slows, dragged by soft Asia Pacific
1What is organic growth?
Organic growth refers to the increase in a company's sales and revenue generated from its existing business operations, excluding any growth from mergers, acquisitions, or external investments.
2What is a dividend?
A dividend is a portion of a company's earnings distributed to its shareholders, typically in cash or additional shares, as a reward for their investment in the company.
3What is financial performance?
Financial performance is a measure of how well a company uses its assets to generate revenue and profit, often evaluated through financial statements like income statements and balance sheets.
4What is market reaction?
Market reaction refers to the response of investors and traders to news or events related to a company or the economy, often reflected in the movement of stock prices.
5What is sales growth analysis?
Sales growth analysis involves evaluating the increase in sales over a specific period, helping businesses understand their performance, market trends, and areas for improvement.
