Strong growth in emerging markets gives IFF 13% growth in 2010

Published: 11-Feb-2011 Featured companies: IFF
Fragrance

Ceo says the company has had an ‘outstanding year’


Flavours & Fragrance company IFF saw its revenue grow by a healthy 13% last year, taking the total to $2.6bn. And in the fourth quarter the company also saw sales of 8% on the previous year to $630m.

Summing up the results IFF ceo Doug Tough said: “IFF had an outstanding year in 2010 led by strong new business wins across both Flavours and Fragrances. Our double digit top-line performance reflects strong growth in the emerging markets, increased levels of innovation and an underlying strength across our product portfolio.

“We accomplished these excellent results while simultaneously working through a strategic assessment of our company. We have gained insights from this review that will help drive incremental value longer-term for our shareholders.”

Featured companies

At IFF (NYSE: IFF), an industry leader in food, beverage, health, biosciences and scent, science and creativity meet to create essential solutions for a better world –from...
See more

You may also like

Ingredients

Firmenich, Givaudan, IFF and Symrise under investigation by several antitrust agencies

Read more
The Swiss Competition Commission is among the agencies that suspect the fragrance giants of colluding to coordinate pricing policy; 'clients may have paid excessive prices'

Trending Articles

  1. Give Back Beauty lands Mercedes-Benz fragrance licence deal The group will now create, produce and distribute Mercedes-Benz fragrances after acquiring the automotive brand’s licence owner INCC Parfums
  2. Charlotte Tilbury doubling down on fragrance with new perfume collection IFF perfumers Anne Flipo, Dominique Ropion and Juliete Karagueuzoglou worked with the beauty brand to create the six-strong perfume range
  3. Pure Beauty Global Awards 2024 finalists announced! The Pure Beauty editorial team has announced the best in the industry, now it is up to the expert judging panel to decide the winners
  4. The 9 beauty figures who topped Forbes’ 2024 Billionaires List LVMH chairman Bernard Arnault continues to defend his title as the world’s richest man in 2024
  5. Statfold Seed Oil Established for 28 years, Statfold is a reputable and still family-owned business. Sustainability is at the core of our operations, and we specialize in natural and organic products. We are proudly certified as both COSMOS natural and COSMOS organic, ensuring that our finished products meet the highest standards. Located in Staffordshire, our site houses all stages of production, from design to manufacturing, filling, and packing

Relevant companies

See more

Upcoming event

CCE Safety Assessment Module 3, Toxicology 2

23 April 2024 | Virtual See all

You may also like

Ingredients

Firmenich, Givaudan, IFF and Symrise under investigation by several antitrust agencies

The Swiss Competition Commission is among the agencies that suspect the fragrance giants of colluding to coordinate pricing policy; 'clients may have paid excessive prices'
You need to be a subscriber to read this article.
Click here to find out more.
Manufacturing

Speeding up scent: Consumer insight, AI & fragrance creation

With fragrance companies announcing new AI to smooth and hasten the creation process, what will this mean for perfumery and cosmetics?
Fragrance

‘Iconic’ IFF perfumer Pierre Wargnye dies at 73

The French native was responsible for creating scents for Estée Lauder, Givenchy and Diesel
Fragrance

IFF bestows prestigious Master Perfumer title on sixth employee

Franc Schiet is the latest IFF employee to receive the title, which recognises outstanding levels of creativity in perfumery
You need to be a subscriber to read this article.
Click here to find out more.
Ingredients

IFF reveals sleep fragrance plans through new strategic partnership

The company has partnered with SleepScore Labs to extend its leadership in the ‘beyond sensorial’ market
Ingredients

International Flavors & Fragrances open new artist-led perfumery in Grasse

The new location in France will also be open on special occasion to the public
Ingredients

International Flavours & Fragrances reported double-digit growth for Q1 2019

Subscribe now