International Flavors & Fragrances delivered a mixed set of results in the quarter. The sales revenue for IFF was $2.8 billion which was below Wall Street expectations but the company did manage an earnings beat. Sales were up 4% on a comparable, currency-neutral basis for the quarter, with increases seen in almost all divisions. The company also observed growth in Nourish, Scent, and Pharma Solutions divisions. Despite drops in Health & Grain Processing and a 3% loss in comparable currency neut ....
22 Apr 2023
International Flavors & Fragrances Inc.: Continued Growth In Nourish, Scent & Pharma, Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)
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International Flavors & Fragrances Inc.: Continued Growth In Nourish, Scent & Pharma, Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)
International Flavors & Fragrances (IFF:NYSE), 0 | International Flavors & Fragrances Inc. (IFF:NYS), 0
- Published:
22 Apr 2023 -
Author:
Ishan Majumdar -
Pages:
28 -
International Flavors & Fragrances delivered a mixed set of results in the quarter. The sales revenue for IFF was $2.8 billion which was below Wall Street expectations but the company did manage an earnings beat. Sales were up 4% on a comparable, currency-neutral basis for the quarter, with increases seen in almost all divisions. The company also observed growth in Nourish, Scent, and Pharma Solutions divisions. Despite drops in Health & Grain Processing and a 3% loss in comparable currency neut ....