Innophos Holdings Inc. (IPHS) Business Serves Multiple Industries
Phosphoric acid and phosphates are essential ingredients for a variety of industries. Specialty beverages, processed foods, dental care products, and pharmaceuticals are some of the most profitable lines of business that depend on various forms and derivatives of phosphoric acid. The petrochemical industry is another important customer group for this company. The stock has this major advantage of having an unusually broad array of industrial clients through which it can grow sales. Company management appears to be on track to improving financial performance. Sales have grown annually by 9.4% during the last quarter of 2007. The trend of operating losses…