UPDATE 1-Givaudan CEO sees good business momentum

* Trend of customers running down stocks is over

* Group aims to outgrow broader market in 2009

(Adds details, comment)

ZURICH, Aug 27 (Reuters) - Swiss flavours and fragrances maker Givaudan (GIVN.VX) has good momentum in its business and a trend for its customers to run down stocks is over, its chief executive said on Thursday.

Givaudan, which makes ingredients for designer perfumes such as the Calvin Klein and Burberry brands, earlier this month confirmed its previous forecast to outgrow the broader market for 2009. [ID:nL4694184]

"The trend for destocking (among our clients) has reached the end. We are seeing the bottom," Givaudan Chief Executive Gilles Andrier told an investor event.

"What I can say is that the good momentum is continuing." (Reporting by Andrew Thompson, writing by Sam Cage; Editing by Rupert Winchester)