Welcome to our dedicated page for International Flavors & Fragrances news (Ticker: $IFF), a resource for investors and traders seeking the latest updates and insights on International Flavors & Fragrances stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect International Flavors & Fragrances's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
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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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0.21%
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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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0.21%
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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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2.09%
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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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4.21%
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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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1.49%
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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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0.59%
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IFF (NYSE:IFF) and Kemira to Commercialize Unique Renewable Polymers at Industrial Scale
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1.18%
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IFF (NYSE: IFF) wins CosmetiqueMag Gold Award for LMR Naturals' Neroli Essential Egypt, showcasing a commitment to sustainability and innovation
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1.18%
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International Flavors & Fragrances Inc.
NYSE:IFF
IFF Rankings
IFF Stock Data
22.64B
254.71M
0.05%
100.28%
2.72%
All Other Basic Organic Chemical Manufacturing
Manufacturing
United States of America
NEW YORK
About IFF
we are iff. we are the catalyst for discoveries that spark the senses and transform the everyday. international flavors & fragrances inc. is a leading innovator of sensorial experiences that move the world. at the heart of our company, we are fueled by a sense of discovery, constantly asking “what if?” that passion for exploration drives us to co-create unique scents and tastes in fine fragrances and beauty, detergents and household goods, as well as beloved foods and beverages. our 7,300 team members globally take advantage of leading consumer insights, research and development, creative expertise, and customer intimacy to develop differentiated products. to learn more visit us at http://www.iff.com