date:Mar 20, 2014
Gross profit of all Frutarom activities (including one-time expenses) increased by 13.5% reaching an annual record high of US$256.8 million (38.1% of revenues) compared with US$226.3 million (36.6% of revenues) in 2012.
Gross profit in Q4 2013 Frutarom's core business (Flavors and Specialty Fine Ingredients activities), net of one-time expenses, mainly for acquisitions, in the amount of US$1.7 million, increased in Q4 2013 by 32.1% reaching US$67.9 million. Gross profit from core busines