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GVDNY Givaudan SA (PK)

85.64
-0.09 (-0.10%)
01 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Givaudan SA (PK) USOTC:GVDNY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.09 -0.10% 85.64 65.66 99.98 86.185 85.1712 85.52 8,362 21:57:00

Givaudan Posts First-Half Profit, Sales Rise

22/07/2021 6:16am

Dow Jones News


Givaudan (PK) (USOTC:GVDNY)
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   By Sarah Sloat 
 

Givaudan SA said Wednesday that net income and sales rose in the first half, with positive business momentum and growth across most segments and regions.

The Swiss flavor-and-fragrance company said net profit in the period ended June rose to 481 million Swiss francs ($524.1 million) from CHF413 million in the period a year earlier.

Earnings before interest, taxes, depreciation and amortization increased to CHF809 million from CHF734 million while sales climbed 7.9% to CHF3.37 billion on a like-for-like basis.

"As the Covid-19 pandemic continued to have an impact on a global level, Givaudan sustained good business momentum whilst maintaining its operations and global supply chain at a high level," Givaudan said.

 

Write to Sarah Sloat at sarah.sloat@wsj.com

 

(END) Dow Jones Newswires

July 22, 2021 01:15 ET (05:15 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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