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
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