date:May 10, 2012
aw material costs, softness in Fragrance Ingredients, and a challenging macroeconomic environment,he said.Going forward, we expect our business trends will improve over the course of the year as we continue to capitalize on our strong emerging market presence, healthy research and development pipeline, and profit improvement initiatives.
Financial analysis firm Morningstar said in a research note that IFFs focus on emerging markets should help it to offset slower growth in more mature markets,