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Givaudan Media Release Geneva , 13 April 2021 2021 First quarter sales Strong growth across all markets and segments Business performance In the first three months of 2021 Givaudan recorded sales of CHF 1,674 million , an increase of 7.7 % on a like - for - like¹ basis and 3.4 % in Swiss francs . G Fragrance & Beauty sales were CHF 788 million , an increase of 9.9 % on a like - for - like¹ basis and an increase of 5.8 % in Swiss francs . Taste & Wellbeing sales were CHF 886 million , an increase of 5.8 % on a like - for - like¹ basis and an increase of 1.3 % in Swiss francs . As the coronavirus continued to have an impact on a global level , Givaudan started the year with strong business momentum whilst maintaining its operations and global supply chain at a high level . The good growth was achieved across most product segments and geographies , with particularly strong performance in the high growth markets , which recorded sales growth of 14.5 % on a like - for - like basis . In Givaudan Fragrance & Beauty , the household , health , personal care and Active Beauty segments delivered a strong performance , whilst in Givaudan Taste & Wellbeing , the good growth was driven by the packaged foods , savoury , snacks , beverages and nutraceuticals segments . In Fragrance & Beauty , the product segments which had been most affected by the COVID - 19 pandemic in 2020 , namely Fine Fragrances and to a lesser extent Active Beauty , showed a continuing improvement in the first quarter of 2021 as retail activity picked up and as customers and consumers maximised the availability of other channels , including direct selling and e - commerce . In Taste & Wellbeing , the foodservice segment continued to be affected by the pandemic but to a lesser extent compared to 2020 , as restrictions in relation to out of home food and beverage consumption started to be lifted in certain markets . " I am very pleased with the strong start that we have made to 2021 , in what continues to be a very uncertain environment related to the COVID - 19 pandemic . We have seen continued strong demand across the parts of our business which are less impacted by the COVID - 19 pandemic and improving conditions in the parts of our portfolio which have been more affected , " said CEO Gilles Andrier . " Across the Givaudan organisation , I am proud of the way we have been able to adapt to the rapidly changing conditions , supporting our employees and our customers , and seizing opportunities to extend our market leadership . " in y fo Givaudan International SA , Chemin de la Parfumerie 5 , 1214 Vernier , Switzerland Phone : +41 227809111 , Fax +41 22760 9150 , Web : www.givaudan.com 1/6