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IFF Reports 9% Gain in Q4

But sales fall 3% for year.

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By: TOM BRANNA

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International Flavors & Fragrances Inc., a leading global creator of flavors and fragrances for consumer products, today announced financial results for the fourth quarter and full year 2009. In the fourth quarter, revenue grew 9% over the prior year period to $586 million. Excluding the impact of foreign currency, revenue in local currency increased over 2%. For the full year, the company reported revenue of $2.3 billion, a 3% decline over the prior year. “Given the economic ...

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