Interviews
News Flash
Fragrance Division sales decline at Givaudan
03 Apr '09
4 min read
Asia Pacific
Sales in Asia Pacific were flat. The mature markets of Asia declined due to the weak economic situation, particularly in Japan. The developing markets overall showed a good growth with India, Indonesia, Thailand and the Philippines leading the way.
Europe, Africa and Middle East
Sales in the region declined slightly. The impact of destocking in the mature markets could almost be compensated by a strong increase in the developing markets of the region. Sales in the Central and Eastern European markets have been strongly impacted by the economic crisis whilst sales in Africa and the Middle East showed a strong performance.
North America
Sales in North America declined at a low single digit rate. The heavy destocking could be partially offset by the positive impact of new wins.
Latin America
Sales in Latin America increased at a double digit rate, driven by new wins. All markets contributed to this strong performance especially Brazil, Argentina and Mexico. The confectionary and savoury segments achieved double digit growth.
Sales in Asia Pacific were flat. The mature markets of Asia declined due to the weak economic situation, particularly in Japan. The developing markets overall showed a good growth with India, Indonesia, Thailand and the Philippines leading the way.
Europe, Africa and Middle East
Sales in the region declined slightly. The impact of destocking in the mature markets could almost be compensated by a strong increase in the developing markets of the region. Sales in the Central and Eastern European markets have been strongly impacted by the economic crisis whilst sales in Africa and the Middle East showed a strong performance.
North America
Sales in North America declined at a low single digit rate. The heavy destocking could be partially offset by the positive impact of new wins.
Latin America
Sales in Latin America increased at a double digit rate, driven by new wins. All markets contributed to this strong performance especially Brazil, Argentina and Mexico. The confectionary and savoury segments achieved double digit growth.
Givaudan
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
