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IFF To Increase Earnings By $15 Mil. Annually Under Restructuring Plan

This article was originally published in The Rose Sheet

Executive Summary

International Flavors & Fragrances' effort to streamline global operations will increase pretax earnings by $15 mil. annually, President and CEO Eugene Grisanti told securities analysts June 30. The savings are slated to begin in 2000, with an additional $4 mil. to $5 mil. expected to be realized in the second half of 1999.

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