date:May 10, 2012
Net profit fell to $81m in the quarter ended March 31, compared to $83m for the prior year period, while revenue fell 1% to $710.6m compared with $714.3m a year ago.
Revenue in the companys flavors segment grew 3% to $350m, which the company attributed to double-digit growth in emerging markets, and continued interest in health and wellness initiatives in North America and Western Europe, as was the case for the prior year period. A 1% increase in the flavors segment operating profit, to $80m,