77
Fashion Jobs
BEIERSDORF
Sales Representative North Greece (Based in Thessaloniki)
Permanent · ATHENS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · THESSALONIKI
L'OREAL GROUP
Senior Product Manager Maybelline – Consumer Products Division
Permanent · NEA IONIA
CLINIQUE
Consumer Marketing Manager, Clinique
Permanent · ATHENS
LA MER
Consumer Marketing Executive, LA Mer
Permanent · ATHENS
TOM FORD
Consumer Marketing Manager Tom Ford
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · CHALANDRI
ESTÉE LAUDER COMPANIES
Fixed Assets & Decorations Supervisor
Permanent · ATHENS
SEPHORA
Accounting
Permanent · ATHENS
SEPHORA
Category Specialist
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Mare West) - Μερική Απασχόληση
Permanent ·
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · PIRAEUS
H&M
Hiring Day Chania - Sales Advisors
Permanent · CHANIA
MAD LORDS
Sales Assistant Scorpios Mykonos
Fixed-term · MYKONOS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · MAROUSI
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Metro Mall) - Μερική Απασχόληση
Permanent · AGIOS DIMITRIOS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · KALAMATA
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · NEA IONIA
GUESS
Sales Advisor (Greece)
Permanent · ATHENS
BEIERSDORF
Junior Pos Materials & Execution Specialist (Temp Position)
Fixed-term · ATHENS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · KALLITHEA
By
AFP
Published
Jul 24, 2021
Reading time
2 minutes
Download
Download the article
Print
Text size

Givaudan perfume sales recover in first quarter

By
AFP
Published
Jul 24, 2021

Swiss fragrance and flavor maker Givaudan has reported better than expected Q1 income, with progress driven by a return to growth in fine fragrances, a segment heavily affected by the closure of stores and airport boutiques last year. 


AFP


The Geneva-based group saw its net income rise 16.3% compared to the first quarter of the previous year, totaling 481 million Swiss francs (444 million euros), while revenue at the company grew 4.7% to 3.3 billion francs, as reported in a press release. 

By comparison, financial analysts surveyed by Swiss business news agency AWP had, on average, expected the company to achieve income of 453 million francs on revenues of 3.3 billion. 

Sales in the group's perfume and beauty division increased 10.1%, excluding the impact of exchange rate fluctuations and acquisitions, with fine fragrance, which was one of the segments most strongly affected by the health crisis, seeing its sales bounce back 34.5%, following a decline of 16.4% in the first quarter of last year. 

The cosmetic ingredients segment, which posted a slight decrease of 0.1% in the prior-year period, also saw its sales take off again, posting growth of 14.4%. 

In the company's flavor division, however, operations linked to fast food "continued to suffer the effects of the pandemic," although Givaudan has noted "strong recovery" in the second quarter as health restrictions have been relaxed. 

The flavor division nonetheless saw an increase of 6.1% in its sales, driven by progress in other segments, such as vegetable proteins, beverage flavorings and natural flavors. 

Despite Covid-19's impact on fine fragrance and restaurant services, Givaudan is one of a group of companies which have come out of the health crisis relatively unscathed, having even managed to achieve growth in its revenue and income in the first half of last year. 

Declines in fine fragrance were largely offset by demand for scents for soaps, hygiene products and detergents, while the slow-down in restaurant services was more than compensated for by demand for flavorings for food products consumed at home. 

Givaudan has confirmed its financial objectives for both the mid and the long term, and is still shooting for organic sales growth of between 4% and 5% in the period leading up to 2025. 

Copyright © 2024 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.