- Givaudan’s 3rd quarter sales reached CHF 2.09 billion, surpassing estimates of CHF 2 billion and showing an 11% increase year over year.
- Fragrance & Beauty sales were CHF 1.14 billion, marking an 18% increase year over year, exceeding the forecast of CHF 1.06 billion.
- Taste & Wellbeing sales totaled CHF 952 million, a 4.5% rise year over year, slightly above the estimated CHF 940 million.
- Overall like-for-like sales increased by 8.6%, outperforming the previous year’s growth rate of 4.4% and the estimated 5.22% increase.
- Fragrance & Beauty like-for-like sales grew by 13.5%, significantly higher than the 6.8% growth from the previous year and the expected 7.23% increase.
- Taste & Wellbeing like-for-like sales rose by 3.5%, beating last year’s 2.1% growth and the projected 3.1% increase.
- For the first nine months, Givaudan’s sales totaled CHF 5.89 billion.
- The company aims for a 4–6% average like-for-like sales growth and over 12% average adjusted free cash flow over five years.
- Analyst ratings included 9 buys, 10 holds, and 3 sells for Givaudan.
A look at Givaudan Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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
According to the Smartkarma Smart Scores, Givaudan, a company that specializes in manufacturing and marketing fragrances and flavors, shows a promising long-term outlook. With a solid momentum score of 4, the company is experiencing strong upward movement, indicating positive market sentiment and performance. This suggests that Givaudan is on a good trajectory for potential growth and continued success.
Givaudan also maintains moderate scores in key areas such as value, dividend, growth, and resilience, all hovering around the 3 mark. This indicates a stable financial standing, a potential for growth opportunities, and a level of resilience in the face of market challenges. Overall, with these scores collectively pointing towards a favorable outlook, Givaudan appears to be well-positioned for long-term success in the competitive 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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