International Flavors & Fragrances

International Flavors & Fragrances, Inc. engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B's Food & Beverage division and the food protection business of N&B's Health & Biosciences division. The Health & Biosciences business consists of a biotechnology-driven portfolio of enzymes, food cultures, probiotics and specialty ingredients for food, home and personal care, and health and wellness applications. The Scent business creates fragrance compounds, fragrance ingredients and cosmetic ingredients that are integral elements in the world’s finest perfumes and best-known household and personal care products. The Pharma Solutions business produces a vast portfolio including cellulosics and seaweed-based pharma excipients, used to improve the functionality and delivery of active pharmaceutical ingredients, including controlled or modified drug release formulations, and enabling. The company was founded in 1833 and is headquartered in New York, NY.

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IFF reports Q4 growth but faces challenges in key markets

IFF's Q4 performance showed growth in sales revenue but a decline in EBITDA
Strategic initiatives aim to drive growth, profitability, and operational efficiency
Challenges include market-specific declines and raw material inflation
Opportunities lie in portfolio optimization, cost reductions, and future growth alignment

IFF reports $3B in sales with challenges in volume growth

IFF's Q1 2023 performance showed sales growth despite volume challenges and EBITDA margin impact.
The company is focused on cost reduction, cash flow improvement, and managing volume-related risks.
Opportunities lie in customer optimism, pricing strategies, and margin improvement expectations.
Challenges include volume declines, segment-specific issues, and potential negative absorption risks.

IFF addresses challenges, focuses on growth opportunities in Q2

IFF navigated challenges in Q2 2023 with a focus on transforming its business, managing costs, and preparing for growth opportunities in 2024.
Despite a decline in sales growth, the company demonstrated confidence in its ability to drive shareholder value creation and improve profitability.
Executives addressed concerns raised by analysts, outlined strategic initiatives, and reaffirmed commitment to maintaining investment grade and ongoing M&A activities.

IFF reports Q3 improvements, eyes revenue targets amid portfolio optimization

IFF's Q3 2023 earnings call highlighted improved volumes, margin expansion, and cash flow enhancement. While facing challenges in certain sales segments, strategic portfolio optimization and operational improvements offer growth opportunities. Meeting revenue guidance and deleveraging targets remain key focus areas for the company.

IFF reports Q4 growth, sets sights on strategic investments

IFF's Q4 2023 performance showed sales growth and EBITDA improvement, with a focus on margin expansion and strategic investments for 2024.
The company's strengths lie in end-to-end accountability, productivity, and a deleverage strategy to achieve targeted financial goals.
Challenges include addressing analyst inquiries, cautious Q1 guidance, and the need to enhance Food ingredients business performance.
Opportunities exist in driving growth through R&D alignment, optimized CapEx, and cash flow management to support investment in growth businesses.

IFF reports robust Q2 results, raises guidance amid strategic focus

IFF's Q2 performance reflects growth across segments and financial stability, supported by a strategic framework and debt reduction strategy.
While challenges like economic uncertainties and debt management persist, opportunities in innovation and market expansion offer avenues for future growth.
Overall, IFF's raised guidance and focus on operational excellence position the company for continued success and value creation.

IFF reports solid Q3 results, focuses on innovation for growth

IFF's Q3 performance reflects strong operational and financial results, driven by growth in key segments and operational efficiency.
The company's strategic focus on innovation, productivity, and customer growth positions it well for future success.
Challenges lie in maintaining growth momentum across all segments amidst market competition and evolving consumer trends.
Opportunities in R&D, emerging markets, and operational enhancements present avenues for sustained growth and market expansion.

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PARIS--( BUSINESS WIRE )--IFF (NYSE: IFF) has named Sabrya Meflah President of its Fine Fragrance business unit, effective immediately. Meflah—who is currently vice president and regional general manager, Europe, Middle East, Africa (EMEA)—succeeds Dionisio Ferenc. In her new role, she will oversee strategy and growth of IFF's Fine Fragrance business unit.

IFF Names Sabrya Meflah President, Fine Fragrance

NEW YORK--( BUSINESS WIRE )--IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.81 per share of its common stock, payable on January 6, 2023 to shareholders of record as of December 28, 2022.

IFF Declares Dividend for Fourth Quarter 2022

GHENT, Belgium--( BUSINESS WIRE )--MRM Health—a clinical-stage biopharmaceutical company focused on developing next-generation live microbiome consortia therapeutics—today announced that its Type-2 Diabetes Program, developed in collaboration with IFF (NYSE: IFF) has achieved preclinical development targets. With the achievement of this new milestone, both companies will now advance this research which focuses on developing innovative therapies for metabolic diseases to the clinical development stage.

MRM Health and IFF Reach Second Milestone in the Partnered Type 2 Diabetes Program

NEW YORK--( BUSINESS WIRE )--IFF (NYSE: IFF) today announced that EDGE—the leading global assessment and business certification for gender and intersectional equity—has recertified the company as EDGE Move level globally. The marks the first—and currently the only—time a company has earned this level of recognition twice. The company also added an EDGEplus to its certification for its commitment to broader workplace diversity and intersectional issues. The assessment encompassed 27 countries, giving IFF the distinction of having the largest number of EDGE-certified countries at one time.

IFF Recognized by EDGE for Commitment to Workplace Diversity

International Flavors & Fragrances (IFF) announces its new strategic plan that will have a customer-centric approach with a commitment to growth and greater productivity.

International Flavors (IFF) Gains From New Strategy Reveal

Despite a good history of beating the number, estimates for next year are coming down.

Bear Of The Day: International Flavor and Fragrances (IFF)

NEW YORK--( BUSINESS WIRE )--IFF (NYSE: IFF) today announced that Nicolas Mirzayantz, president of IFF's Nourish division, will leave the Company following a successful 34+ year tenure, effective Dec. 31, 2022. Upon his departure, IFF CEO Frank Clyburn will lead IFF's current Nourish division until a replacement is named.

IFF Announces Nourish Division Leadership Transition

NEW YORK--( BUSINESS WIRE )--IFF (NYSE: IFF) today announced the next phase of its strategic transformation by previewing its refreshed strategic plan and new operating model, developed through an extensive assessment with the Company's senior leadership, customers, investors and key partners.

IFF Announces Long-Term Strategic & Financial Vision

NEW YORK--( BUSINESS WIRE )--IFF (NYSE: IFF) has named Dennis Maroney Master Perfumer, an honor recognizing his career achievements, entrepreneurial contributions and record of commercial excellence in the global perfumery industry. Maroney is a 32-year industry veteran and IFF's ninth Master Perfumer, a distinction reserved for those who have demonstrated exceptional leadership and measurable impact in perfumery.

IFF Names Dennis Maroney Master Perfumer

NEW YORK--( BUSINESS WIRE )--IFF (NYSE:IFF) today announced that it will webcast its 2022 Investor Day presentation on Wednesday, Dec. 7, 2022, beginning at 1:00 p.m. ET.

IFF to Webcast 2022 Investor Day Presentations on December 7

While International Flavors & Fragrances Inc. reported sales were stagnant in the third quarter, sales in constant currency increased 10% year-over-year. Due to a huge goodwill impairment, International Flavors & Fragrances had to report an operating loss and a loss per share in Q3/22.

International Flavors & Fragrances: I Am Still Not Convinced

International Flavors' (IFF) Q3 top line beats estimates but came in line with last year. The company lowered the 2022 sales guidance citing foreign currency impact and a challenging operating environment.

International Flavors (IFF) Q3 Earnings & Sales Top Estimates

International Flavors & Fragrances Inc. (NYSE:IFF ) Q3 2022 Earnings Conference Call November 8, 2022 9:00 AM ET Company Participants Michael DeVeau - Head of Investor Relations Frank Clyburn - Chief Executive Officer Glenn Richter - Executive Vice President & Chief Financial Officer Conference Call Participants Adam Samuelson - Goldman Sachs Mark Astrachan - Stifel John Roberts - Credit Suisse Gunther Zechmann - Bernstein Heidi Vesterinen - BNP Paribas Anthony Mercandetti - Deutsche Bank Mike Sison - Wells Fargo Matt Krueger - Baird Josh Spector - UBS Christopher Parkinson - Mizuho Jonathan Feeney - Consumer Edge Matthew DeYoe - Bank of America Operator Good morning. At this time, I would like to welcome everyone to the IFF Third Quarter 2022 Earnings Conference Call.

International Flavors & Fragrances Inc. (IFF) Q3 2022 Earnings Call Transcript

International Flavors (IFF) delivered earnings and revenue surprises of 4.62% and 1.21%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

International Flavors (IFF) Surpasses Q3 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) reported financial results for the third quarter ended September 30, 2022.

IFF Reports Third Quarter 2022 Results

International Flavors (IFF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: International Flavors (IFF) Q3 Earnings Expected to Decline

IFF and Florida Polytechnic University Celebrate Beginning of Construction on State-of-the-Art Global Citrus Innovation Center

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE:IFF) today announced that it will release its third quarter 2022 earnings results following the market close on Monday, Nov. 7, 2022.

IFF to Release Third Quarter 2022 Results November 7

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) today announced that Ralf Finzel has been named executive vice president and global operations officer, effective Nov. 1, 2022.

Ralf Finzel Appointed IFF's Executive Vice President, Global Operations Officer

SINGAPORE--(BUSINESS WIRE)--IFF (NYSE: IFF) today announced the opening of its new Singapore Innovation Center, the first in its global network of research, creative and application centers to integrate the technologies, capabilities and expertise of all four business divisions: Nourish, Health & Biosciences, Scent and Pharma Solutions.

IFF Invests $30 Million to Expand Regional Footprint in Singapore

IFF is currently yielding an attractive 3.16%. The stock price has dropped about 33% from its 12-month high and just hit a new 12-month low.

International Flavors & Fragrances Now Yields An Attractive 3.16% After Dropping 33%

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4 Upcoming Dividend Increases Including A Dividend King

International Flavors (IFF) reported earnings 30 days ago. What's next for the stock?

International Flavors (IFF) Down 8.7% Since Last Earnings Report: Can It Rebound?

Thermon Group Hlds

AUSTIN, TX / ACCESSWIRE / September 6, 2022 / Thermon Group Holdings, Inc. (NYSE:THR) (" Thermon "), a global leader in industrial process heating solutions, today announced the appointment of Dr. Angela Strzelecki, President of the Pharmaceutical Solutions Division of International Flavors & Fragrances (NYSE:IFF), to its board of directors. John Nesser, Chairman of the board, said, "We are delighted that Angela has accepted our invitation to join the Thermon board of directors.

Thermon Elects Dr. Angela Strzelecki as Director

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) today announced that Chief Executive Officer Frank Clyburn will participate in a fireside chat at the Barclays Global Consumer Staples Conference on Thursday, Sept. 8, 2022 at 1:30 p.m. ET. Investors may access the live webcast on the Company's website at ir.iff.com. For those unable to listen to the live webcast, a recorded version will be made available for replay. Welcome to IFF At IFF (NYSE: IFF), an industry leader in food, beverage, health, biosc

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