First Quarter 2024 Earnings Conference Call May 7, 2024 CAUTIO NARY STATEMENT Statements in this presentation, which are not historical facts or information, are “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management’s current assumptions, estimates and expectations including those concerning expected cash flow and availability of capital resources to fund our operations and meet our debt service requir ...

International Flavors (IFF) reported $2.9 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 4.2%. EPS of $1.13 for the same period compares to $0.87 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $2.81 billion, representing a surprise of +3.35%. The company delivered an EPS surprise of +34.52%, with the consensus EPS estimate being $0.84. While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

International Flavors (IFF) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 34.52%. A quarter ago, it was expected that this ingredients producer for food, cosmetics and consumer products industries would post earnings of $0.75 per share when it actually produced earnings of $0.72, d ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-4858 INTERNATIONAL FLAVORS & FRAGRANCES INC. (Exact name of registrant as specified in its charter) New York 13-1432060 (State or other juris ...

FOR IMMEDIATE RELEASE Media Relations: Paulina Heinkel 332.877.5339 Media.request@iff.com Investor Relations: Michael Bender 212.708.7263 Investor.Relations@iff.com IFF Reports First Quarter 2024 Results NEW YORK - May 6, 2024 - IFF (NYSE: IFF) reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Consolidated Summary: Reported Adjusted (GAAP) (Non-GAAP )1 Operating EBITDA Sales Income Before Taxes EPS Operating EBITDA EPS ex Amortization Margin $2.9 B $115 M $0.23 $578 M ...

International Flavors & Fragrances Inc. (IFF) is scheduled to report first-quarter 2024 results on May 6, after the closing bell. Q4 Performance In the last reported quarter, IFF’s earnings and revenues declined on a year-over-year basis. The company missed the Zacks Consensus Estimate for the top and bottom lines. International Flavors has surpassed earnings estimates in one of the trailing four quarters and missed in the other three, the average negative surprise being 2.7%. Q1 Estimates The Zacks Consens ...

Wall Street analysts forecast that International Flavors (IFF) will report quarterly earnings of $0.84 per share in its upcoming release, pointing to a year-over-year decline of 3.5%. It is anticipated that revenues will amount to $2.81 billion, exhibiting a decline of 7.3% compared to the year-ago quarter. The consensus EPS estimate for the quarter has undergone a downward revision of 1.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have rea ...

Wall Street expects a year-over-year decline in earnings on lower revenues when International Flavors (IFF) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on May 6, 2024, might help the stock move higher if these key numbers are better than ...

International Flavors & Fragrances (IFF) revealed that it completed the previously announced sale of its Cosmetic Ingredients business to Clariant. The Cosmetic Ingredients unit includes the Lucas Meyers Cosmetics and IBR brands and operates six research and development, and production sites globally. This marks another step in the company’s ongoing efforts to optimize and streamline its portfolio to drive simplification and growth. In December 2022, the company announced a new strategic and financial visio ...

International Flavors & Fragrances (IFF) has announced that it has entered into an agreement to sell its Pharma Solutions business to Roquette for an enterprise value of up to $2.85 billion. France-based Roquette specializes in plant-based ingredients. IFF’s Pharma Solutions business is a well- established developer and manufacturer of pharmaceutical excipients and includes its Global Specialty Solutions business, which supports industrial and methyl cellulosic food applications. The unit operates 10 resear ...