Givaudan

Givaudan has opened a fragrance development centre in Casablanca with laboratories and areas for development, marketing and sales, thereby expanding its presence in Morocco that dates back to March 2025. From Casablanca the company will serve customers in the Maghreb and West Africa and accelerate the development of products for laundry and cleaning, personal care and perfumes. » More on finanzen.net

Givaudan led the winners in the SMI after Deutsche Bank raised its price target and reiterated its buy recommendation. The SMI closed 0.2 percent higher at 14,395 points, supported by gains in Logitech, Partners Group and Roche. At the same time, Swiss inflation rose to 0.8 percent in August, weighing on market sentiment, while Treasury yields and the US dollar eased. » More on finanzen.net

Givaudan shares fall about 1.2% to 3,242 CHF after Jefferies analyst Marcus Dunford-Castro removed the buy recommendation for Givaudan and upgraded Symrise to "Buy." The analyst said the shift reflects Symrise’s stronger benefit from the growing pet food ingredients market. The price decline is further amplified by recently released half‑year results showing margin pressure and by weaker sentiment in global equity markets. » More on de.investing.com