Givaudan: sales growth of almost 3% in 1st quarter
The fragrances and flavors group reports strong growth in all segments and geographies, with like-for-like increases of 21.8% in high-growth markets and 5.5% in mature markets.
Givaudan confirms that it is targeting organic sales growth of 4 to 5% on a like-for-like basis and free cash flow of at least 12%, both measured on average over the five-year strategic cycle.
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