- Givaudan reported third-quarter sales of CHF1.88 billion, a slight decrease of 1.5% compared to the same period last year. This figure meets the market estimate of CHF1.87 billion.
- Fragrance & Beauty sales increased by 1.3% year over year, reaching CHF968 million, surpassing the estimated CHF950.5 million.
- Taste & Wellbeing sales dropped by 4.2% year over year to CHF911 million, which is below the estimated CHF923.5 million.
- Like-for-like sales for Givaudan rose by 4.4%, compared to a 14.1% increase in the previous year, slightly above the estimated 4.23% growth.
- Fragrance & Beauty like-for-like sales grew by 6.8%, compared to a 16% increase last year, surpassing the estimated growth of 5.12%.
- Taste & Wellbeing like-for-like sales saw a 2.1% rise, down from a 12.4% increase the previous year, lower than the estimated growth of 3.37%.
- Givaudan’s sales for the nine months totalled CHF5.74 billion.
- Market recommendations include 10 buys, 12 holds, and 1 sell for Givaudan’s stock.
A look at Givaudan Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 2 | |
| 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
Analysts are optimistic about the long-term outlook for Givaudan SA, a company that specializes in manufacturing and marketing fragrances and flavors. Smartkarma Smart Scores indicate that Givaudan scores well on factors such as growth and resilience, with a solid score for dividends as well. While the company’s value and momentum scores are slightly lower, the overall outlook appears positive based on these scores. Givaudan’s global presence and its focus on providing products to a wide range of industries contribute to its overall strength in the market.
Givaudan’s strong performance in growth and resilience, along with a respectable dividend score, point towards a promising future for the company. With a wide reach in the fragrance and flavor industry, Givaudan’s position in the market remains solid. While there may be areas of improvement in terms of value and momentum, the company’s overall outlook is bolstered by its ability to adapt to changing market conditions and provide quality products to its diverse customer base worldwide.
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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