IFF Reports Record Sales in Q1
date:May 07, 2014
s was $35.0 million, or 4.5% of sales, compared with $18.7 million, or 2.6% of sales in the prior year quarter. The increased cash flow from operations reflects the absence of a $30 million pension contribution which was made in the first quarter of 2013, offset by higher incentive compensation payments in the first quarter of 2014.

For the Flavors Business Unit, reported net sales increased 3% to $366.5 million, compared with $356.4 million in the first quarter of 2013. Excluding the impact of
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