International Flavors & Fragrances Inc Company News

NEW YORK, April 16, 2024--IFF (NYSE:IFF) today announced that it will release its first quarter 2024 earnings results following the market close on Monday, May 6, 2024. The management team will host a live webcast on Tuesday, May 7, 2024 at 9:00 a.m. ET to discuss results and outlook with the investor community.

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International Flavors' (IFF) sale of the Cosmetics Ingredients business aligns with its strategy to streamline its portfolio.

NEW YORK, April 03, 2024--IFF (NYSE: IFF) today announced that it has completed the previously announced divestiture of its Cosmetic Ingredients business to Clariant, a sustainably focused specialty chemicals company. As a part of Clariant, the business will continue to deliver innovative ingredients for the cosmetic and personal care product portfolio.

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IFF, a global leader in food and beverage, home and personal care and health, will present its broad portfolio and latest excipient technology to CPhI Japan 2024 at booth 5K21, Tokyo Big Sight, Tokyo from April 17-19.IFF's Pharma Solutions offers high-quality pharmaceutical solutions backed by extensive research and expertise. The team will showcase its comprehensive cellulosic-derived excipients portfolio of innovative solutions, from binders and disintegrants to lubricants and matrix systems a

NEW YORK, March 21, 2024--IFF (NYSE: IFF) today announced Ana Paula Mendonça—who has dedicated her career to the advancement and commercialization of fragrance—has been named President of Scent, IFF, effective April 1. Simon Herriott, current president of Health & Biosciences and Scent will continue to lead IFF’s Health and Biosciences business unit.

International Flavors (IFF) agrees to sell its Pharma Solutions business, thus marking another step in its portfolio optimization strategy.

International Flavors & Fragrances Inc (NYSE:IFF) recently announced a dividend of $0.40 per share, payable on April 10, 2024, with the ex-dividend date set for March 21, 2024. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into International Flavors & Fragrances Inc's dividend performance and assess its sustainability.

International Flavors & Fragrances said on Tuesday it would sell its pharma solutions business to French plant-based ingredients maker Roquette in a deal valued at $2.85 billion, as it looks to focus on higher-margin businesses. The move comes at a time when IFF is seeing demand slow for its food ingredients and solutions business, especially from end-users such as consumer goods companies, amid higher interest rates and inflationary pressures. New York-based IFF has been on a spree of divesting some of its "non-core" business units over the past year in an attempt to improve its organizational structure as well as reduce its outstanding debt.