Givaudan FY26 H1 net income drops 19.8% to CHF 475 million; sales fall 1.7% to CHF 3.8 billion

• Givaudan posted first-half net income of CHF 475 million, down 19.8%, as sales slipped 1.7% to CHF 3.8 billion.
• Operating income fell 16.6% to CHF 635 million, cutting the operating margin by 3 percentage points to 16.7%.
• EBITDA dropped 13.3% to CHF 820 million, reflecting CHF 103 million of non-recurring costs tied mainly to litigation settlements and provisions.
• Net debt rose to CHF 4.6 billion, lifting the net debt-to-EBITDA ratio to 2.8 from 2.1 at end-2025.
• CEO Christian Stammkoetter cited “sustained solid financial performance” despite geopolitical and macroeconomic challenges, pointing to industry-leading profitability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Givaudan SA published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.