On Tuesday, Swiss flavour and perfume agency Givaudan reported gross sales of CHF 5,743 billion ($7.1 billion) within the first 9 months of 2025, a 5.4 p.c carry from the identical interval in 2024.
The firm will even mitigate the impression of tariffs within the US by implementing worth will increase “in collaboration with its customers”, based on the discharge, which span all kinds of magnificence corporations, perfume homes and meals manufacturers.
Givaudan’s divisions “continue to support our strong performance across business segments, geographies and customer groups, despite the ongoing geopolitical, trade and macro-economic challenges,” chief government Gilles Andrier mentioned in an announcement.
The carry was attributed to outperformance within the firm’s high-growth markets, together with Latin America and the Middle East, and gross sales of high quality fragrances, which grew 18.7 p.c. The firm added it was prone to exceed its full-year progress goal of 4 to five p.c.
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What Comes After the Fragrance Boom
As client sentiment begins to dampen, the fragrance business’s explosive progress seems to be headed for a slowdown. Executives from Swiss perfume and flavours agency Givaudan are assured within the energy of their enterprise, however are diversifying into make-up, skincare and different classes to arrange.