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Frutarom achieves 9.9% sales increase

Shaun Weston17 Mar 2010

Frutarom continues to successfully implement its rapid and profitable growth strategy, combining organic growth and the execution strategic acquisitions.

Frutarom achieved an increase of 9.9% in its sales in the fourth quarter of 2009, to $108.5m. In local currency terms, sales increased by 3.1% compared to the forth quarter of 2008.

The strengthening of the European currencies and the NIS in which most of Frutarom’s sales are implemented, against the US dollar, contributed approximately 6.8% to the increase in the company’s sales in US dollar terms.

Source: Frutarom

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