IHS Chemical Week

IFF Profit Up 7% as Strong Flavors Offset Weak Fragrances

12:45 PM MST | November 8, 2011

IFF posted third-quarter net income of $82.2 million, up 7% from the same year-ago period. Revenue was up 6%, to $714 million. Reported diluted earnings of $1/share were up 5% from the year-ago quarter and 5% below the midpoint of analyst estimates as reported by Thomson Reuters (New York). Flavor operating profit in the third quarter increased 13%, to $71 million, on sales and pricing improvement. Flavor revenues rose 13%, to $340.6 million. Operating profit margin declined 10 bps versus the prior year period to 20.9 percent as pricing actions covered the impact...

Access is for Chemweek 24/7 PLUS Members ONLY

This information is only available to Chemweek 24/7 PLUS members who have subscribed to Chemweek’s Business Daily. If you are a member, please log in, OR if you have a trial membership, please use your trial membership account information. 

Username:
Password:

Forgot your user ID or password? Click here to have it sent to you.













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa