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Annual revenue rises 1% to $2.8 billion.
February 7, 2013
By: TOM BRANNA
Editor
International Flavors & Fragrances Inc. posted financial results for the fourth quarter and full year ended Dec. 31, 2012. For the quarter, reported revenue increased 6% to $681 million. Net income for the quarter jumped 11% to $68.1 million. In the fragrances business unit, reported revenue increased 10% to $354 million. Fragrance ingredients delivered local currency sales growth of 6%, which marked the first quarter of growth since Q1 2011. Reported revenue for the full year...
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