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Mixed fortunes for Givaudan as high costs and currency rates counter growth in snacks, dairy and beverages

Givaudan profits slump despite flavours growth

By Nathan Gray

Flavour and fragrance firm Givaudan’s first half net profits crashed by 40 per cent as raw material costs and record currency rates take their toll on the Swiss company, despite good local growth in its flavours businesses.

Nestlé outperforms in Q1

Nestlé outperforms in Q1

By Anita Awbi

Swiss food giant Nestlé has announced a first-quarter sales rise of
14.1 per cent to CHF22.8bn (€14.5bn), beating analyst expectations
and reconfirming its full-year target of a five to six per cent
growth rate.

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