Switzerland-based flavours firm Givaudan has seen nine-month sales boosted by its March acquisition of Quest.
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The company, which makes ingredients for confectionery and soft drinks, booked a 41% jump in turnover to CHF3.1bn (US$2.6bn) for the nine months to the end of September.
Flavours sales, which represent over half of the company’s business, inched up 1.9% to CHF1.8bn.
Sales in North America remained flat, Givaudan said, as new snacks contracts and growth in confectionery offset weakness in beverages and dairy.
Givaudan, however, said it had seen “good growth” from its beverage and dairy businesses in Europe, where revenue was up in the “high single-digits”.
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By GlobalData
