dsm-firmenich

Q3 broadly in line; FY26 sales outlook raised

  • Sectors : Foods
  • Companies : dsm-firmenich

Ratings and price correct at time of issue.

  • dsm-firmenich

    Closing Price: 10565c

  • RATING 09/10/20

  • PREVIOUS RATING 13/02/20

    NEUTRAL

DAVY VIEW

dsm-firmenich delivered an in-line Q3 update, with the standout performance coming from Perfumery & Beauty with 8% organic sales growth. EBITDA margins improved sequentially despite ongoing FX headwinds. Organic sales growth guidance for 2026 was raised, while margin guidance was maintained. With consensus already reflecting the revised outlook, we expect limited change to forecasts.

Download full report with analyst certification and important disclosures

Nov 4 2026, 07:14 GMT

Download