date:May 10, 2012
was driven by higher pricing, the company said.
Meanwhile, revenue and profit in IFFs fragrance segment were both down, by 4% and 18% respectively, as higher prices failed to offset lower sales volumes and higher raw material costs.
IFF chairman and CEO Doug Tough said in a statement that the results were broadly in line with the companys expectation.
The diversity and strength of our category and geographic portfolios, combined with our cost discipline, helped ease the impact of rising r