Givaudan SA

GIVN: XSWX (CHE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Givaudan: Resilient Volume Momentum in a Challenging Macro Backdrop

Diana Radu

Oct 14, 2025

Givaudan delivered organic sales growth of 5.7% for the first nine months, slightly ahead of the 5.5% company-compiled consensus. Growth was primarily volume-driven, with volumes up around 5% and pricing slightly below 1%, reflecting raw materials and tariff-related price increases.

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Givaudan SA

Givaudan: Resilient Volume Momentum in a Challenging Macro Backdrop

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