Beauty Industry

International Flavors and Fragrances Releases Q1 Outlook

All categories, including fine fragrance, are still showing improvements in comparison to the period a year ago.

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By: Jamie Matusow

Editor-in-Chief

International Flavors & Fragrances, Inc. (IFF) has released an outlook for the first quarter of 2010. The company reports that it’s local currency sales trend shows low double digit growth. All categories, including fine fragrance, are still showing improvements in comparison to the period a year ago. Emerging market trends are reported to be strong still, the company says, adding that greater Asia markets are experiencing double digit growth. IFF’s margin has seen positive results, as the company is expecting an adjusted quarterly EPS to reach near record levels.

International Flavors & Fragrances Inc. is a creator and manufacturer of flavor and fragrance products used by other manufacturers to impart or improve flavor or fragrance in a range of consumer products. The fragrance products are sold to manufacturers of perfumes, cosmetics, personal care products, hair care products, deodorants, soaps, detergents, fabric care and air care products. As of December 31, 2009, IFF had 31 manufacturing facilities located in the United States, Great Britain, Ireland, the Netherlands, Spain, Argentina, Brazil, Mexico, Australia, China, India, Indonesia, Japan and Singapore.

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