| | Business Summary | | M
&
F
Worldwide
Corp.
is
a
holding
company
that
conducts
its
operations
through
its
wholly
owned
subsidiary
Pneumo
Abex
Corporation.
Through
Pneumo
Abex
the
Company
is
primarily
in
the
business
of
producing
licorice
flavors
and
other
flavoring
agents
and
whole
and
processed
plant
products.
Approximately
71%
of
the
Company's
licorice
sales
are
to
the
worldwide
tobacco
industry
for
use
as
flavoring
and
moistening
agents
in
the
manufacture
of
American
blend
cigarettes,
moist
snuff,
chewing
tobacco
and
pipe
tobacco.
The
Company
also
sells
licorice
flavors
to
worldwide
confectioners,
food
processors
and
pharmaceutical
manufacturers
for
use
as
flavoring
or
masking
agents.
In
addition,
the
Company
sells
licorice
root
residue
as
a
garden
mulch
under
the
name
Right
Dress.
The
Company's
other
products
include
natural
flavors
and
plant
products
from
roots,
berries,
spices
and
botanicals
that
are
used
in
food,
tobacco,
pharmaceutical
and
health
food
products. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | M&F
Worldwide
Corp.
is
a
holding
company
which
through
its
subsidiary,
Pneumo
Abex
Corporation,
is
engaged
in
the
production
of
licorice
extract
and
other
flavoring
agents.
For
the
six
months
ended
6/30/01,
net
sales
rose
99%
to
$93.7
million.
Net
income
applicable
to
Common
and
before
extraordinary
itmes
rose
36%
to
$12.9
million.
Revenues
reflect
Panavision
and
higher
sales
by
Mafco
Worldwide.
Earnings
were
partially
offset
by
increased
S/G/A
and
interest
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Howard Gittis, 67
Chairman,
CEO | -- | Todd Slotkin, 48
CFO,
Exec. VP | -- | Stephen Taub, 49
Pres
and CEO of Mafco Worldwide Corp., Director | $1.3M | Barry Schwartz, 51
Exec.
VP and Gen. Counsel | -- | Peter Grace, 56
Sr.
VP of Fin. of Mafco Worldwide | 400K | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/m/mfw.gif)