On a consolidated basis, Givaudan reported CHF 1,875 million in sales, up 2.8% like-for-like against a prior-year comparable of 7.4%.
Fragrance & Beauty sales reached CHF 1,004 million, rising 5.9% on a like-for-like basis. The gain was achieved against a difficult comparison: the division grew 9.8 percent in the same period last year. Fine Fragrance continued its momentum with a 9.6% increase, though this represents a decrease from the 16.7% surge recorded in the first quarter of 2025. Consumer Products advanced 7.8%, essentially matching the 7.9% growth posted a year earlier.
The soft spot in the portfolio was Fragrance Ingredients and Active Beauty, which contracted 5.9% on a like-for-like basis after expanding 7.7% in the prior-year period. The company attributed the divisional performance to contributions across most regions and all customer groups.
The contrast with Taste & Wellbeing is sharp. That division posted sales of CHF 871 million, representing a like-for-like decline of 0.4%. Growth in Asia Pacific and a flat showing in North America could not offset weakness in Europe, Latin America, and the South Asia, Africa, and Middle East region. Snacks, Dairy, and Natural Colours performed respectably while Beverages and Savoury lagged.
The company noted it is implementing price increases to offset rising input costs, a process that requires customer collaboration and tends to unfold with a lag. We can therefore expect further price increase in fragrances in the coming months.