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IFF Q3

This article was originally published in The Rose Sheet

Executive Summary

Net income increased 62% for the third quarter, flavors and fragrances manufacturer reports Oct. 26. However, sales declined 3% in local currency and reported dollars to $493.1 mil. In North America, net fragrance sales declined 2%, although fine fragrance sales increased 6% on new fragrance wins, firm says. IFF's encapsulation technology is slated to launch in 2006, according to the company...
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