[REVISION HISTORY]

Q3 2026 financial performance of fragrance and materials

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2026-10-29 20:38 UTC → 2026-11-07 10:52 UTC · added ~~removed~~

In the third quarter of 2026, several major companies in the fragrance, flavor, and building materials sectors reported their financial results. Givaudan reported an organic sales increase of 8.6% in Q3, which exceeded analyst expectations and the company’s mid-term target range. This growth was largely driven by the Fragrance & Beauty segment, specifically luxury perfumery. While the Taste & Wellbeing segment showed signs of recovery, performance in North America faced challenges. Symrise ~~also~~ reported ~~accelerated growth, with~~ organic revenue ~~increasing 5.3% to~~ growth of 5.3%, reaching 1.31 billion euros, driven by ~~the pet food additives and Care & Wellness sectors. Specifically, the~~ volume increases in major segments. The Taste, Nutrition & Health division saw organic revenue increase by 5.2%, ~~while~~ with the pet food division returning to growth through volume development in pet nutrition and palatability. The Scent & Care segment grew by 5.6%. Despite ~~meeting growth targets,~~ these results, Symrise’s stock faced significant pressure, falling by more than 10% in XETRA ~~trading following the announcement.~~ trading. This volatility ~~was attributed to~~ followed a cautious outlook ~~for the remainder of the year. While the company maintained its organic revenue growth target of 2% to 4%,~~ where management indicated that full-year organic growth would likely land near the midpoint of ~~that~~ its 2% to 4% range. ~~Additionally, Symrise~~ Furthermore, the company adjusted its profitability guidance, stating ~~that~~ the adjusted EBITDA margin is now expected to fall within the “lower half” of its previously stated 21.5% to 22.5% range. ~~The company~~ Management cited upcoming investments in IT, innovation, and personnel as factors that could weigh on margins, alongside an anticipated slowdown in growth momentum during the fourth quarter due to a higher year-on-year comparison base. To support future growth, the company showcased its Symvision AI platform at Gulfood Manufacturing in Dubai, featuring tools for brand-specific concepts and taste forecasting. Additionally, Saint-Gobain reported a slight year-on-year revenue increase of 0.4%, reaching 11.6 billion euros, with comparable growth of 2.5% meeting analyst expectations.

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