Flavour Maker Givaudan’s Sales Slow as North America Weighs

Swiss fragrance and flavour maker Givaudan on Wednesday posted a slowdown in end-year sales, putting further strain on margins in a year marked by high input costs and supply chain disruptions.

The group, which has so far passed the steep cost increases on to customers including cosmetics firms and drinks makers, suffered from slowing sales in the latter half of 2022, driven by a decline in its flavours business in North America.

Group sales…