Givaudan net profit down, sales up in first half 2018

Givaudan's Fragrance division sales climbed 6.5% on a like-for-like basis

Swiss flavor and fragrance company Givaudan posted net income of CHF371m ($370.6m) in the first half of 2018, a decrease of 3.4% from the same period in 2017.

Foreign currency losses in markets where currencies could not be hedged, notably...

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