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© Reuters. File picture: On January 10, 2020, Swiss flavor and fragrance manufacturer Givaudan saw its logo at its innovation center in Kemptthal, Switzerland. REUTERS/Arnd Wiegmann
Zurich (Reuters)-After reporting its net profit and sales growth for the first half of 2021, Swiss flavors and fragrances manufacturer Givaudan confirmed its mid-term targets on Thursday, thanks to the impact of COVID-19 Part of the business recovered strongly. There were 19 pandemics last year.
Givaudan said in a statement that net profit increased by 16.3% to 481 million Swiss francs ($52.36 million), exceeding Refinitiv’s average estimate of 457 million Swiss francs, while sales increased by 7.9% over the same period.
(1 US dollar = 0.9173 Swiss francs)
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