Shares in Swiss fragrances and flavours group Givaudan rose on Tuesday after the company reported 'robust' nine-month sales, easing concerns about a slowdown in the US, according to an analyst.

For the period from January to the end of September, the Geneva-based group posted sales of 5.7 billion Swiss francs (6.1 billion euros), up 5.7% excluding currency effects and acquisitions, and up 1.7% in Swiss-franc terms.

Growth was again driven by fine fragrance, with sales up 18.7% despite a demanding comparison base after several years of double-digit growth.

The group also continued to implement price rises to 'fully offset' higher 'raw material costs', including increased 'customs duties', it said in a press release.

In detail, its Fragrances and Beauty division, which also includes fr

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