By  on July 17, 2014

PARIS — Givaudan reported first-half net profit rose 12.6 percent, spurred by strong volume gains and lower operational costs, and confirmed its mid-term guidance.

The Vernier, Switzerland-based fragrance and flavors supplier’s net income was 305 million Swiss francs, or $342.4 million, in the six months ended June 30. Its operating profit increased 11.8 percent to 422 million Swiss francs, or $473.7 million.

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