By: ICN Bureau
Last updated : July 23, 2025 6:45 pm
The net income for the first six months of 2025 was CHF 592 million compared to CHF 588 million in 2024
Givaudan Group sales for the first six months of the year were CHF 3,864 million, an increase of 6.3% on a like-for-like (LFL) basis and 3.4% in Swiss francs, with currency volatility and a strong Swiss franc impacting the sales performance in Swiss francs.
Givaudan continued the first six months of the year with good volume growth and maintained its operations and global supply chain at a high level.
The strong growth was achieved across all business segments, geographies and customer groups, demonstrated by continued outperformance in Fine Fragrance, a 10.0% increase on a like-for-like basis in the high growth markets and sustained strong growth with local and regional customers.
With higher input costs in 2025, including tariffs, the Company is implementing price increases in collaboration with its customers to fully compensate for the increases in input costs.
The gross profit increased by 3.4% from CHF 1,646 million in 2024 to CHF 1,702 million in 2025. The gross margin in the first half of 2025 remained stable, despite higher input costs including global trade tariffs. As a result, the gross margin was 44.0% in the six months ended 30 June 2025 compared to 44.1% in the same period 2024.
The EBITDA increased by 4.4% to CHF 945 million from CHF 906 million for the same period in 2024, whilst the EBITDA margin was 24.5% in 2025 compared to 24.2% in 2024. On a comparable basis, the EBITDA margin increased to 25.2% in 2025 compared to 24.8% in 2024. When measured in local currency terms, the EBITDA increased by 9.7%.
The net income for the first six months of 2025 was CHF 592 million compared to CHF 588 million in 2024, resulting in a net profit margin of 15.3% versus 15.7% in 2024.