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Givaudan SA (0QPS.L)

LSE - LSE Delayed price. Currency in CHF
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2,971.00-4.00 (-0.13%)
At close: 03:19PM GMT
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  • Reuters

    Givaudan to accelerate price increases as input costs hit margins

    ZURICH (Reuters) -Swiss fragrance and flavour maker Givaudan will accelerate price increases in the second half of the year to offset higher costs, it said on Thursday after reporting improving sales growth despite squeezed margins. In addition to price increases, Givaudan's half-year results benefited from rising perfume sales as airport travel recovers and a pick-up in the food segment as more people eat out. Givaudan and its peers are having to contend with higher input costs, supply chain disruption and delays in implementing price increases.