Givaudan, the Switzerland-based flavours and fragrances group, today (5 August) posted a 28% jump in operating profit for the first half of 2008, boosted by last year’s Quest International acquisition.
The company saw operating profit climb 27.9% to CHF238m (US$226m) as sales reached CHF2.1bn, a rise of 4.5%.
Givaudan said margins were helped by savings linked to the integration of Quest, which it bought last year.
Fragrance sales rose 5.7% to CHF962m, while flavours sales increased 3.4% to CHF1.1bn.

US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData