09:13 AM EDT, 10/27/2026 (MT Newswires) -- Moody's revised Givaudan's (GIVN.SW) outlook to positive from stable, while affirming its Baa1 long-term issuer and senior unsecured ratings, according to a Tuesday release. The positive outlook mirrors the Swiss flavors, fragrances, and cosmetic ingredients manufacturer's solid operating performance amid a challenging macroeconomic environment. It also supports the rating agency's projections of consistent revenue and earnings growth, and stable financial policy. The affirmed ratings, meanwhile, reflect Givaudan's dominant position in the international flavors and fragrances sector, backed by its substantial geographical and end-market diversification.

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