Fragrance and flavors player IFF has revealed strong third quarter results showing that its fragrance division is the main driving force behind the upward trend.
IFF has reported strong growth for its second quarter, driven mainly by an exceptional performance in the fragrance division, together with gains in all geographical regions including Europe.
International Fragrance and Flavors has reported a significant gain in second quarter sales, with a strong performance in emerging markets offsetting higher costs and slower beauty sales.
IFF reported strong sales and profits growth in Q4 for both its fragrance and flavors divisions on the back of big gains in its Latin America and Greater Asia markets.
Swedish direct sales company Oriflame has announced a 14 per cent increase in its fourth quarter local currency sales, but negative currency translations take the shine off.
Direct sales player Oriflame has announced a big increase in local sales for its second quarter, but the negative impact of currency exchange hits profits.