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Jul 23 2024, 07:50 IST/BST
Givaudan
Fragrance margin to the fore
DAVY VIEW
The key take-away from Givaudan’s H1 result is record margin delivery for the Fragrance & Beauty (F&B) division, which spurred a modest EBITDA beat at group level. Across its Fragrance activities, the business is setting high standards with broad-based growth in evidence. We envisage modest upward revisions to FY24 consensus EBITDA.
