Overview
Washington (dpa-AFX) – International Flavors and Fragrances (IFF) posted higher profits in the third quarter than a year earlier. The company earned $194 million, or $0.76 per share. In the third quarter of last year, it was $85 million, or $0.75 per share.
Excluding special items, International Flavors And Fragrances Inc. reported adjusted earnings of $226 million, or $0.88 per share, for the period. The company’s third-quarter revenue increased 141.7% to $3.07 billion, compared to $1.27 billion a year earlier.
An overview of the results of the International Flavors and Perfumes Company:
Should investors sell now? Or is it worth starting with the flavors and fragrances?
– Income (third quarter): $226 million, compared to $120 million last year. Earnings per share (third quarter): $0.88 versus $1.06 last year. Revenues (third quarter): $3.07 billion, compared to $1.27 billion last year.
prospectsFull year revenue forecast: $11.55 billion
Copyright RTT Nachrichten / dpa-AFX
Should investors sell flavors and fragrances right away? Or is it worth starting?
How will flavors and fragrances evolve now? Is your money safe in this stock? You’ll find answers to these questions and why you need to act now in our latest analysis of Flavors, Fragrances.
Flavors and fragrances: buy or sell? Read more here…
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