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Companies in Brief

This article was originally published in The Public Ledger

INTERNATIONAL Flavors & Fragrances has told an investor meeting it expects earnings per share growth to exceed 10% due to strong sales growth and cost discipline, despite expecting high single-digit cost inflation in 2011. It wants to increase its capital spending to about 5% of sales, primarily to capture opportunities in emerging markets, while it may also make bolt-on acquisitions.

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