Navigation Links
Frutarom Continues to Implement its Rapid Growth Strategy
Date:11/20/2008

its results for the third quarter of 2008.

Frutarom, a producer of flavors and specialty fine ingredients, continues to successfully implement its rapid and profitable growth strategy, reflected in its organic growth and the execution of strategic acquisitions. Frutarom is today the seventh largest company in the field of flavors and specialty fine ingredients. In accordance with Frutarom's plan, its sharp and continuing growth in sales, combining organic growth, at a rate significantly higher than the industry's average, and the execution of seven strategic acquisitions in 2007, are translated to an improvement in margins, profit and in cash flow.

Frutarom reports revenues of US$ 120 M for the third quarter of 2008 - a growth of 36.9% compared to the same quarter in 2007 (growth of 31.5% excluding the effect of the strengthening of European currencies against the US dollar). At the same time, gross profit grew by 43.6% to US$ 45.3 M, improvement of gross margin to 37.7% compared to 36% during the same period last year, increase of 79.6% in operating profit which totaled US$ 15 M, and a significant improvement of operating margin to 12.5% compared to 9.5% during the same quarter last year. During the third quarter of 2008, EBITDA grew by 74.1% and reached US$ 20 M, while improving the EBITDA margin to 16.6% compared to 13.1% during the same period last year. Net profit during the quarter grew by 60.7% and reached US$ 9.4 M compared to US$ 5.9 M during the same quarter last year and net margin reached 7.9% compared to 6.7%.

The following factors contributed mainly to the sharp growth in the Company's sales: internal growth in sales of flavors produced and sold by the Flavors Division; internal growth in the sale of unique ingredients, mainly natural, produced and sold by the Fine Ingredients Division; the acquisitions of Gewurzmuller, Raychan, Adumim and Rad during the third and last quarters of 2007
'/>"/>

SOURCE Frutarom Industries Ltd
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5

Related medicine news :

1. Frutarom Acquires Gewurzmuller, a Company Specializing in Unique Savory Flavors
2. Frutarom Gewurzmuller and Blessing Biotech Acquisition Conference Call Scheduled for Monday, October 15, 2007
3. Salmonella Outbreak Tied to Dry Dog Food Continues
4. International Medical Corps Continues Delivering Emergency Relief in Democratic Republic of Congo as Potential for Renewed Fighting Threatens to Deepen Crisis
5. AlphaDetail, Inc. Continues Bi-coastal Expansion
6. Psychiatric Congress Focus on Depressive Disorders Continues Through the Weekend
7. International Medical Corps Continues Delivering Emergency Relief Amid Violence in Democratic Republic of Congo
8. The Wellness(R) Core(R) Family Continues to Grow With New Higher Protein, Grain-Free Canned Varieties for Cats and Dogs
9. The Quigley Corporation Reports Third Quarter 2008 Results; Continues Investment in Pharmaceutical R&D Future
10. Quadriplegic Man Defied the Odds, Continues to Inspire
11. The RightThing Continues Drive: Completes Strong Q3
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/25/2013)... It's not astonishing that holidays are amongst ... are endless, from family, friends and co-workers. Between the ... more than their parents can afford, parties to arrange, ... graduations, birthdays, anniversaries and it seems like an eternal ... become tired and income can’t catch up to the ...
(Date:5/25/2013)... May 25, 2013 Communities of Distinction ... It is the fifth largest media market in the United ... number one visitor destination in Texas and a major convention ... the American West as it is home to many major ... enjoy from sports to the arts. Residents and locals will ...
(Date:5/25/2013)... -- Animals make great companions for senior citizens, but elderly ... are far more likely to crash than those who never ... study included 2,000 licensed drivers aged 70 and older. The ... they drove with their pet in the car. Among ... was twice as high as among those who never drove ...
(Date:5/25/2013)... St Louis, MO (PRWEB) May 25, 2013 ... goal for the Diet Doc team of weight management professionals. ... weight fast and effectively, Diet Doc’s hCG diets ... uncontrollable factors like abuse during childhood like bullying, more control ... not directly capable of dealing with the underlying factors of ...
(Date:5/25/2013)... May 25, 2013 The latest ... from irritable bowel syndrome (IBS) to bloating, constipation, ... the most long-lasting, embarrassing, frustrating and difficult health ... for digestive health have provided a cure ... many factors contributing to digestive health issues, a ...
Breaking Medicine News(10 mins):Health News:TheBeautyPlace.com Debuts Their Brand New Beauty Kits 2Health News:Communities of Distinction TV Presents May Air Dates for Dallas-Ft. Worth, Texas 2Health News:Seniors More Likely to Crash When Driving With Pet: Study 2Health News:hCGTreatments / Diet Doc hCG Diets & Weight Loss Plans Announces hCG Diet Plans for Those Suffering from Abuse-Related Weight Gain 2Health News:hCGTreatments / Diet Doc hCG Diets & Weight Loss Plans Announces hCG Diet Plans for Those Suffering from Abuse-Related Weight Gain 3Health News:Natural Foods For Digestive Health Report and Video Published by BetterDigestion.org 2
... initiation of lifesaving antiretroviral therapies should be the standard of ... limited medical and financial resources, according to a study led ... Tutu HIV Centre, University of Cape Town, South Africa. ... Internal Medicine that starting antiretroviral therapy (ART) when the ...
... , LOS ANGELES, July 20 Dr. Chugay, a leading ... patch procedure to aid patients with goals of rapid weight loss. , ... over thir ty years of experience and has personally performed ... surgery expert on The Tonight Show , Entertainment Weekly , CNN ...
... , FLEMINGTON, N.J., July 20 A new national ... (82%) do not believe that drugs containing acetaminophen should be pulled ... (Logo: http://www.newscom.com/cgi-bin/prnh/20071204/NYTU133LOGO ) , , ... during July 17-19, to obtain physicians, perceptions of a CNN news ...
... , , NEW YORK, ... controversial and thought provoking topics today, MTV,s "16 & Pregnant" season ... (2.1 million) on Thursday, July 16, ranking as the number one ... their favorite series with the "16 & Pregnant: Life After Labor" ...
... working on H1N1 swine flu vaccine, which should be ready ... U.S. Food and Drug Administration has approved the vaccine to ... , The agency noted that this vaccine will not protect ... pandemic proportions around the world and is expected to return ...
... , GREENFIELD, Wis., July 20 ... nutritional service and meal-planning program for cancer patients. The web-based ... . Founded by cancer survivors, the program is based ... It is available to cancer patients and health care systems ...
Cached Medicine News:Health News:Earlier HIV antiviral treatment can be cost effective in areas of limited resources 2Health News:Dr. Chugay (drchugay.com) - Revolutionary Weight Loss Surgery 2Health News:Docs Say No to Pulling Drugs Containing Acetaminophen off the Market 2Health News:Docs Say No to Pulling Drugs Containing Acetaminophen off the Market 3Health News:MTV's Season Finale of '16 & Pregnant' Hit Series Highs Among Both P12-34 (1.9) and Total Viewers (2.1 Million) Thursday, Ranking as the Number One Primetime Cable Program 2Health News:MTV's Season Finale of '16 & Pregnant' Hit Series Highs Among Both P12-34 (1.9) and Total Viewers (2.1 Million) Thursday, Ranking as the Number One Primetime Cable Program 3Health News:MTV's Season Finale of '16 & Pregnant' Hit Series Highs Among Both P12-34 (1.9) and Total Viewers (2.1 Million) Thursday, Ranking as the Number One Primetime Cable Program 4Health News:MTV's Season Finale of '16 & Pregnant' Hit Series Highs Among Both P12-34 (1.9) and Total Viewers (2.1 Million) Thursday, Ranking as the Number One Primetime Cable Program 5Health News:FDA Approves Seasonal Flu Vaccine for 2009-2010 2Health News:FDA Approves Seasonal Flu Vaccine for 2009-2010 3Health News:Cancer Survivors Launch New Company, TherapEase Cuisine 2
(Date:5/24/2013)... , May 24, 2013  BD (Becton, Dickinson and ... technology company, announced today that it will present at the ... Thursday, May 30, 2013, at 10:40 a.m. (ET). ... from the BD corporate website at www.bd.com/investors and ... About BD BD is a ...
(Date:5/24/2013)... China Biologic Products, Inc. (Nasdaq: CBPO, "China Biologic" or ... in China , today announced that ... issued by Shanghai RAAS Blood Products Co., Ltd. ("Shanghai ... that on May 21, 2013, Ms. Siu ... shareholders of the Company, and her spouse, Mr. Tung ...
(Date:5/24/2013)... England and BOSTON , May 24, ... discovery and development company, is pleased to announce that it has ... to augment the Company,s business development capabilities in Japan ... more than 15 years of experience in business development, licensing and ... Sciences, Inc., Roche Pharma ( Japan ), Nippon Roche ...
Breaking Medicine Technology:China Biologic Comments on the Proposed Shanghai RAAS Transaction 2China Biologic Comments on the Proposed Shanghai RAAS Transaction 3China Biologic Comments on the Proposed Shanghai RAAS Transaction 4Heptares Augments Business Development Capabilities in Japan and Other Asian Territories 2
... Scientist to Present Results at 2007 American ... 09, 2007 /PRNewswire-FirstCall/ -- Cleveland,BioLabs, Inc. , ... of,Protectan CBLB502's efficacy as a mitigator of ... damage in non-human primates. The,Company's Chief Scientific ...
... Pa.--(BUSINESS WIRE)--Apr 9, 2007 -,GlaxoSmithKline (LSE and ... from Study 767905/014 and,provided an update on ... 014, a Phase 3, double blind, placebo-controlled ... long-term safety and,tolerability of alvimopan 0.5 mg ...
Cached Medicine Technology:Cleveland BioLabs Protectan CBLB502 Demonstrates Strong Survival,Benefits as Mitigator Against Radiation-Induced Damage in Study 2Cleveland BioLabs Protectan CBLB502 Demonstrates Strong Survival,Benefits as Mitigator Against Radiation-Induced Damage in Study 3GSK and Adolor Announce Preliminary Results from Phase 3 Safety,Study of Alvimopan (Entereg/Entrareg) 2GSK and Adolor Announce Preliminary Results from Phase 3 Safety,Study of Alvimopan (Entereg/Entrareg) 3GSK and Adolor Announce Preliminary Results from Phase 3 Safety,Study of Alvimopan (Entereg/Entrareg) 4GSK and Adolor Announce Preliminary Results from Phase 3 Safety,Study of Alvimopan (Entereg/Entrareg) 5GSK and Adolor Announce Preliminary Results from Phase 3 Safety,Study of Alvimopan (Entereg/Entrareg) 6GSK and Adolor Announce Preliminary Results from Phase 3 Safety,Study of Alvimopan (Entereg/Entrareg) 7
Anterior chamber protein cell meter. Laser flare meter and cell-counting functions are included in this cell meter, with dramatically enhanced measurement of cell volume....
... new SureSigns VS1 is an ... monitor that provides reliable, accurate, ... VS1 is designed to make ... like large, bright, color-coded LED ...
... High-performance monitoring at the patients side and ... monitors provide essential measurements in a compact ... needs of post-operative care, lower acuity environments, ... strong heritage in patient monitoring, the IntelliVue ...
... Built on Philips strong heritage in ... configuration; an extensive clinical measurements menu; built-in ... EASI* derived 12-lead ECG, and arrhythmia analysis; ... is easy to use and operates on ...
Medicine Products: