International Flavors & Fragrances, Inc. (NYSE:IFF) has released an outlook for the first quarter of 2010. The company reports that it’s local currency sales is at a trend that shows low double digit growth. All categories, such as Fine Fragrance, are still showing improvements in comparison to the year ago period. Emerging market trends are reported to be strong still. The company’s Greater Asia markets are experiencing double digit growth. The company’s margin have seen positive results, as the company is expecting an adjusted quarterly EPS to reach near record levels.
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International Flavors & Fragrances Inc. (IFF) is a creator and manufacturer of flavor and fragrance products used by other manufacturers to impart or improve flavor or fragrance in a range of consumer products. The fragrance products are sold to manufacturers of perfumes, cosmetics, personal care products, hair care products, deodorants, soaps, detergents, fabric care and air care products. The flavor products are sold to manufacturers of prepared foods, beverages, pharmaceuticals, dairy and confectionery products, as well as the food service industry. As of December 31, 2009, IFF had 31 manufacturing facilities located in the United States, Great Britain, Ireland, the Netherlands, Spain, Argentina, Brazil, Mexico, Australia, China, India, Indonesia, Japan and Singapore.
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