IHS Chemical Week

Regions :: North America

IFF earnings rise, but fall short of estimates as admin costs increase

9:13 AM MST | February 7, 2013 | Vincent Valk

International Flavors & Fragrances (IFF) fourth-quarter earnings more than doubled year-on-year (YOY), to $68.1 million, on revenue up 5.6% YOY, to $680.6 million. Excluding a $36.8 million patent litigation settlement charge in the year-ago quarter, earnings were up 11% YOY, IFF says. Earnings totaled 83 cts/share, slightly short of analysts’ consensus of 84 cts/share, as reported by Thomson Reuters (New York).   The earnings miss was largely due to higher administration and R&D costs, says J.P. Morgan (New York) analyst Jeffrey Zekauskas...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


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