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Volume performance improved sequentially across nearly all businesses, yet remained challenged versus the year-ago period, and pricing continued to be strong.
November 6, 2023
By: Lianna Albrizio
Associate Editor
Net sales for IFF in the third quarter 2023 were $2.82 billion, an 8% decrease for the quarter ended Sept. 30, 2023 compared with the prior-year period. “In the third quarter we delivered both sales and profit ahead of our expectations,” said IFF CEO Frank Clyburn. “Our volume performance improved sequentially across the majority of our business, and we continued to benefit from our pricing actions and productivity initiatives. Our emphasis to drive working capital im...
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