BUZZ — Givaudan jumps on fragrance outperformance; peers follow
* Givaudan shares rise 6.9% to their highest point since July 2025 after the Swiss fragrance and flavour maker's third-quarter organic sales beat expectations, driven by its fragrance division * Q3 like-for-like sales grew 8.6% against 4.7% company-compiled consensus * Growth at its fragrance arm reached 13.5%, with Vontobel analyst Arben Hasanaj pointing to a "phenomenal, broad re-acceleration" in fine fragrance sub-segment * "We expect momentum to continue into Q4 and see modest upside risk to consensus EBITDA forecasts for 2026," Davy Research says in a note * Peers DSM-Firmenich, Novonesis and Symrise rise between 1% and 3% in early morning trade * Givaudan shares top pan-European STOXX 600 index (Reporting by Rafal Nowak and Margaux Perrin in Gdansk) ((mailto:RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;)