×
2 184
Fashion Jobs
LULULEMON
Assistant Manager, Operations | Kingston
CDI · Kingston
MICHAEL KORS
ft Sales Supervisor
CDI · Newmarket
CENTRIC BRANDS
Chargé de Comptes / Account Executive
CDI · Montreal
LEVI'S
Levi's Store, pt Sales & Merchandising Supervisor, Rideau Centre, Ottawa, on
CDI · Ottawa
SALLY BEAUTY HOLDINGS LLC
Outside Sales Representative - Cosmoprof
CDI · Kingston
MICHAEL KORS
Sales Supervisor
CDI · Pointe-Claire
SALLY BEAUTY HOLDINGS LLC
Outside Sales Representative - Cosmoprof
CDI · Oshawa
ESTEE LAUDER
Associate Consultant - Clinique - Lethbridge , ab
CDI · Lethbridge
ESTEE LAUDER
Director, E-Commerce (Multi-Brand) - Hybrid - Toronto, Canada
CDI · Toronto
TJX CANADA
Loss Prevention Customer Service Agent (Uniformed Guard), Scarborough
CDI · Toronto
ESTEE LAUDER
Associate Consultant - Clinique - Medicine Hat, ab
CDI · Medicine Hat
ESTEE LAUDER
Associate Consultant - Clinique - Calgary, ab
CDI · Calgary
LULULEMON
Assistant Manager, Operations | Regent Mall, Fredericton
CDI · Fredericton
LEVI'S
Levi's Sales And Merchandising Supervisor, Part-Time, Toronto Eaton Centre, Toronto, on-2
CDI · Toronto
ADIDAS
Senior Manager Accounting
CDI · Vaughan
ESTEE LAUDER
Associate Consultant - Clinique - Toronto, on
CDI · Toronto
LEVI'S
Levi's Sales And Merchandising Supervisor, Full-Time, Toronto Eaton Centre, Toronto, on-2
CDI · Toronto
WINNERS
Merchandise Sales Coordinator- Winners Homesense North Oakville 367
CDI · Oakville
NORDSTROM
Asset Protection - Agent - Deerfoot Meadows Rack
CDI · Calgary
NORDSTROM
Asset Protection - Agent - Yorkdale
CDI · Toronto
ADIDAS
Demand Planner
CDI · Vaughan
ESTEE LAUDER
Keyholder - The Cosmetics Company Store- 28 Hrs - Premium Outlet - Edmonton, ab
CDI · Edmonton
By
Reuters
Published
Oct 9, 2012
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Givaudan confident after strong Q3 sales growth

By
Reuters
Published
Oct 9, 2012

ZURICH - Swiss fragrance and flavour maker Givaudan confirmed its mid-term goals on Tuesday as third-quarter sales came in at the high end of expectations, helped by a positive currency impact and growth in emerging markets.


Photo: Givaudan

The Geneva-based company, which makes fragrances for Dior and Prada perfumes, expects to outgrow markets over the next five years. Givaudan reiterated a mid-term target for sales growth of up to 5.5 percent, against expectations for broader market growth of 2 to 3 percent, and an industry leading operating profit margin.

For the third quarter, the group reported sales of 1.105 billion Swiss francs ($1.18 billion), compared to 966 million a year ago, driven by strong growth in Latin America and Asia. Analysts had on average forecast sales of 1.078 billion Swiss francs ($1.16 billion). Givaudan did not provide any profit figures.

The company, which competes with German Symrise, American International Flavors & Fragrances and unlisted Swiss Firmenich, also confirmed its goal to return over 60 percent of its free cash flow to shareholders as soon as its target for a leverage ratio of 25 percent has been met.

Sales for the first nine months of the year rose 8.8 percent to 3.231 billion Swiss francs, with double digit growth in consumer products more than offsetting weaker sales of fragrance ingredients mainly in Europe and North America. ($1 = 0.9284 Swiss francs) (Reporting by Andrew Thompson; Editing by Mike Nesbit)

© Thomson Reuters 2022 All rights reserved.