|Bid||3,426.00 x N/A|
|Ask||3,600.00 x N/A|
|Day's range||3,495.00 - 3,547.00|
|52-week range||3,397.00 - 4,856.00|
|Beta (5Y monthly)||0.44|
|PE ratio (TTM)||40.75|
|Forward dividend & yield||66.00 (1.86%)|
|Ex-dividend date||28 Mar 2022|
|1y target est||N/A|
ZURICH (Reuters) -Fragrance and flavour maker Givaudan on Tuesday confirmed its mid-term targets and said it would keep raising prices this year to offset higher input costs after like-for-like sales rose 4.6% in the first quarter. Givaudan and its peers have limited exposure to Russia and Ukraine, including for ingredients coming from these countries, but are pushing through price increases to make up for higher raw material and energy costs. "With higher input costs in 2022, the company is continuing to implement price increases in collaboration with its customers to fully compensate for the increases in input costs," the Swiss group said in a statement.
ZURICH (Reuters) -Swiss fragrance and flavour maker Givaudan on Friday said it would pass higher costs on to customers this year after rising supply chain costs dented its profit more than expected during 2021. The Geneva-based group expects a 9% increase in raw material costs this year and intends to pass the increases to customers via price hikes. It is also facing supply chain issues, including higher distribution and manufacturing costs as surging COVID-19 cases keep essential workers at home.
ZURICH (Reuters) -Swiss flavour and fragrance maker Givaudan confirmed its mid-term targets on Thursday after a strong recovery in the parts of the business hit by the COVID-19 pandemic last year helped its net profit and sales rise in the first half of 2021. Givaudan and its peers have benefited from solid demand for flavours for foods and drinks consumed at home during the pandemic. Net profit at the Swiss group rose 16.3% to 481 million Swiss francs ($524.36 million), beating a mean Refinitiv estimate of 457 million francs, while like-for-like sales grew 7.9%, Givaudan said in a statement.