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International Flavors&Fragranc - IFF STOCK NEWS

Welcome to our dedicated page for International Flavors&Fragranc news (Ticker: IFF), a resource for investors and traders seeking the latest updates and insights on International Flavors&Fragranc stock.

Overview of International Flavors & Fragrances Inc. (IFF)

International Flavors & Fragrances Inc. (IFF) is a global leader in the creation and supply of flavors, fragrances, and specialty ingredients. Operating at the intersection of science, creativity, and innovation, IFF serves a wide range of industries, including food and beverages, personal care, household goods, pharmaceuticals, and biotechnology. With a legacy of innovation and a commitment to delivering sensorial experiences, IFF collaborates with customers to co-create solutions that enhance everyday products and improve consumer experiences.

Business Segments and Operations

IFF operates through four primary business divisions:

  • Nourish: This segment focuses on providing flavors, food ingredients, and texturants. It is a leader in plant-based proteins and innovative solutions like enzymatic texturizing technologies, which enhance the sensory and functional qualities of food and beverages.
  • Scent: IFF is one of the world’s leading producers of fragrances for fine perfumes, beauty products, and home care items. Leveraging advanced research and consumer insights, the Scent division creates tailored solutions that resonate with diverse cultural and regional preferences.
  • Health & Biosciences: This division specializes in probiotics, enzymes, and microbiome solutions. It serves industries like animal nutrition, biofuel production, and dietary supplements, using cutting-edge technologies to address complex challenges such as gut health and low-carbon ethanol production.
  • Pharma Solutions: With over 75 years of expertise, this segment provides excipients and biopolymers for the pharmaceutical and biotech industries. Its innovations include low nitrite excipients and ultrapure alginate technologies for advanced drug delivery systems.

Market Position and Competitive Landscape

IFF holds a unique position in the specialty ingredients market, blending scientific precision with creative artistry. It is recognized as a major player in flavors, fragrances, and health-focused biosciences. The company differentiates itself through its robust research and development capabilities, global scale, and ability to co-create customized solutions with its clients. Competitors include Givaudan, Symrise, and Firmenich, but IFF’s diversified portfolio and technological advancements provide a competitive edge.

Innovative Technologies and Capabilities

Innovation is at the core of IFF’s operations. The company employs advanced technologies like artificial intelligence, enzymatic solutions, and nutribiosis—a concept that integrates nutrition, microbiome, gut health, and immune function. Recent innovations include AI-powered tools for fragrance development and enzymatic solutions for improving food textures and ethanol production efficiency. These technologies not only enhance product quality but also address sustainability goals, such as reducing greenhouse gas emissions and improving resource efficiency.

Global Reach and Customer-Centric Approach

With a presence in over 100 countries, IFF collaborates closely with its customers to understand regional preferences and market trends. Its customer-centric approach is evident in initiatives like the China Scent Exploration Program and the launch of digital platforms like AnswerCenter, which streamline access to technical information and solutions.

Conclusion

International Flavors & Fragrances Inc. exemplifies the fusion of science and creativity to deliver innovative solutions across diverse industries. Through its commitment to research, customer collaboration, and technological advancement, IFF continues to shape the future of flavors, fragrances, and specialty ingredients, making it a cornerstone in its industry.

Rhea-AI Summary
Ana Paula Mendonça appointed as President of Scent at IFF, bringing extensive fragrance expertise. Mendonça to lead industry-leading Scent business unit, focusing on fine fragrance, consumer fragrance, and fragrance ingredients. Mendonça's background includes roles in category management, global marketing, and product innovation. Mendonça's appointment aims to strengthen innovation and drive sustainable growth at IFF.
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IFF (NYSE: IFF) announces the sale of its Pharma Solutions business unit to Roquette for up to $2.85 billion, aiming to reduce debt leverage and focus on core growth drivers. The transaction is expected to close in the first half of 2025.
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IFF launches an advertising campaign showcasing perfumery artistry, featuring iconic brand elements and historical significance. The campaign celebrates perfumers' craft and emotional impact of scents on consumers.
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IFF (NYSE: IFF) announces employment inducement awards to CEO J. Erik Fyrwald. The awards include performance share units and restricted stock units, totaling a potential combined payout of 228,125 shares. The awards are subject to specific performance metrics and vesting conditions.
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IFF receives approval for commercialization of genetically modified yeasts to enhance corn ethanol production in Argentina, potentially increasing efficiency by up to three percent. The approval from the Argentine Secretary of Agriculture is expected to boost corn ethanol production in the country.
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International Flavors & Fragrances Inc. (IFF) reported financial results for Q4 and full year 2023, with net sales of $2.7B and $11.5B respectively. The company experienced a loss before taxes of $2.6B for Q4 and $2.5B for the full year. Adjusted operating EBITDA showed growth in Q4 but declined for the full year. CEO Erik Fyrwald highlighted improved volume and EBITDA growth, along with a new dividend policy aiming for faster deleveraging. However, a non-cash goodwill impairment charge of $2.6B impacted the financials.
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IFF announces the promotion of three talented perfumers, Patricia Hidalgo, Joa Kim, and Birgit Sijbrands, to vice president perfumers. These exceptional individuals bring decades of experience, creativity, and innovation to the fragrance industry, setting new standards for excellence.
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IFF (NYSE:IFF) will release its Q4 and full year 2023 earnings results on Feb. 20, 2024. A live webcast on Feb. 21, 2024, and a speaking engagement at the CAGNY conference on Feb. 22, 2024 are scheduled. Investors can access the webcast on the Company's website. IFF is a leader in food, beverage, health, biosciences, and scent, creating essential solutions for a better world.
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IFF (NYSE: IFF) announced a partnership with NGO Bellona to restore seaweed forests in northern Norway, aiming to restore 5,000 square kilometers of seaweed forest by managing invasive sea urchin predation. The regrowth of the forests could increase biological carbon sequestration by 12 million tons, equivalent to Norway’s total oil and gas industry emissions in 2021. The project reflects IFF’s commitment to environmental, social, and governance efforts, with a focus on sustainable solutions. IFF will provide financial support and expertise in seaweed management over a three-year period, aiming to help meet Norway’s climate change objectives and grow its marine economy.
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IFF (NYSE: IFF) has appointed J. Erik Fyrwald as the new CEO and member of the board of directors. Fyrwald brings over four decades of experience in driving innovation and growth in the nutrition, agriculture, and chemicals industries. He has a successful track record, including doubling the business and delivering exceptional shareholder value at Syngenta. The company reaffirmed its full-year 2023 sales and adjusted operating EBITDA guidance, expecting sales to be in the range of $11.3 billion to $11.6 billion and adjusted operating EBITDA to be at the mid to high end of the range of $1.85 billion to $2.0 billion.
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FAQ

What is the current stock price of International Flavors&Fragranc (IFF)?

The current stock price of International Flavors&Fragranc (IFF) is $79.79 as of March 4, 2025.

What is the market cap of International Flavors&Fragranc (IFF)?

The market cap of International Flavors&Fragranc (IFF) is approximately 20.7B.

What industries does International Flavors & Fragrances (IFF) serve?

IFF serves industries such as food and beverages, personal care, household goods, pharmaceuticals, and biotechnology, providing innovative flavors, fragrances, and specialty ingredients.

What are the main business segments of IFF?

IFF operates through four key segments: Nourish, Scent, Health & Biosciences, and Pharma Solutions, each catering to specific industry needs.

How does IFF differentiate itself from competitors?

IFF stands out through its robust research and development, advanced technologies like AI and enzymatic solutions, and its ability to co-create customized products with clients.

What is nutribiosis, and how is IFF involved in it?

Nutribiosis is the interplay between nutrition, microbiome, gut health, and immune function. IFF applies this concept in its Health & Biosciences division to develop innovative solutions for animal and human health.

What recent innovations has IFF introduced?

Recent innovations include AI-powered tools for fragrance development, enzymatic solutions for food texture enhancement, and low-carbon ethanol production technologies.

What role does IFF play in the pharmaceutical industry?

IFF’s Pharma Solutions division provides excipients and biopolymers for drug delivery systems, focusing on innovations like low nitrite excipients and ultrapure alginate technologies.

Where is IFF headquartered, and what is its global reach?

IFF is headquartered in New York and has a presence in over 100 countries, serving a diverse range of global markets.

What is IFF’s approach to sustainability?

IFF integrates sustainability into its operations by developing solutions that reduce greenhouse gas emissions, improve resource efficiency, and support environmentally friendly practices.

Who are IFF’s main competitors?

IFF competes with companies like Givaudan, Symrise, and Firmenich in the flavors, fragrances, and specialty ingredients market.

What is the significance of IFF’s customer-centric initiatives?

IFF’s customer-centric initiatives, such as the China Scent Exploration Program and the AnswerCenter platform, enhance collaboration, streamline access to solutions, and address regional market needs effectively.
International Flavors&Fragranc

NYSE:IFF

IFF Rankings

IFF Stock Data

20.69B
255.44M
0.06%
94.2%
1.89%
Specialty Chemicals
Industrial Organic Chemicals
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United States
NEW YORK