$IFF (International Flavors & Fragrances Inc.)

$IFF {{ '2016-02-11T16:08:45+0000' | timeago}} • Webcast

For 2016, $IFF expects 3.5-4.5% currency neutral sales growth, including approx. 1.5 percentage point contribution from the acquisitions of Ottens Flavors and Lucas Meyer Cosmetics. Organically, growth was expected to be largely driven by Consumer Fragrances as well as Latin America and EAME in Flavors.

$IFF {{ '2017-12-14T13:23:00+0000' | timeago}} • Announcement

$IFF's BoD declared a regular quarterly cash dividend of $0.69 per share of the company’s common stock. The dividend is payable on Jan. 8, 2018 to shareholders of record as of Dec. 29, 2017.

$IFF {{ '2017-12-13T22:37:04+0000' | timeago}} • Announcement

$IFF has declared a regular quarterly cash dividend of $0.69 per share of its common stock, payable on January 8, 2018 to shareholders of record as of December 29, 2017.

$IFF {{ '2017-11-07T16:35:45+0000' | timeago}} • Announcement

$IFF's third quarter profits soared 23% to $110MM due to overall strong performance from all its categories. Sales from its two business segments Flavors and Fragrances grew double digits 12% and 13% respectively. Based on YTD performance, the company reaffirmed its FY17 outlook. It expects GAAP EPS to be in the range of 6.5-7.5%.

$IFF {{ '2017-11-07T15:23:18+0000' | timeago}} • Infographic

$IFF International Flavors & Fragrances Earnings AlphaGraphic: Q3 2017 Highlights

$IFF {{ '2017-08-03T14:16:15+0000' | timeago}} • Announcement

$IFF has authorized a quarterly dividend of $0.69 per share of its common stock, an increase of $0.05 or 8% from the current quarterly dividend of $0.64 per share. The dividend is payable on Oct. 6, 2017 to shareholders of record as on Sept. 25, 2017.

$IFF {{ '2017-08-01T20:53:59+0000' | timeago}} • Announcement

$IFF announced that Stephen Williamson, SVP and CFO of Thermo Fisher Scientific, has been elected to the company's Board of Directors, effective immediately. Mr. Williamson will also be a member of the Audit Committee.

$IFF {{ '2017-06-26T16:24:20+0000' | timeago}} • Announcement

$IFF, a manufacturer of flavours and fragrances, has launched a new business unit named Tastepoint by IFF. The new company, created by merging David Michael & Co. and Ottens Flavors, is designed to service middle-market customer in North America.

$IFF {{ '2017-06-23T13:13:46+0000' | timeago}} • Announcement

$IFF and ZoomEssence Inc. have mutually agreed to settle all claims and counterclaims brought in a lawsuit in the United States District Court for New Jersey. Under the agreement, International Flavors & Fragrances will make a one-time payment to ZoomEssence of $56MM, and the parties will exchange full mutual releases.

$IFF {{ '2017-05-15T19:29:06+0000' | timeago}} • Announcement

$IFF has priced an underwritten public offering of $500MM in aggregate principal amount of 4.375% senior notes due 2047. Net proceeds will be used to repay at maturity $250MM of its outstanding 6.25% Series A Senior Notes due September 27, 2017, to repay debts and for general corporate purposes. The offering is expected to close on May 18, 2017.

$IFF {{ '2017-05-09T20:42:46+0000' | timeago}} • Webcast

$IFF had a product recall in 1Q17 in North America which was a contamination issue that was traced back to one of the suppliers. The customer and the FDA were notified following which a product recall was mandated. No illnesses were reported. The related sales and inventory write-off charge totaled about $1.8MM.

$IFF {{ '2017-05-09T20:30:42+0000' | timeago}} • Webcast

$IFF is seeing good performance in North America and Europe. In emerging markets, there are a lot of headwinds in terms of currency. There  is a lot of economic turmoil and volatility in Latin America, Middle East and China. The contribution of the emerging markets is not currently strong but $IFF believes it will see growth over time.

$IFF {{ '2017-05-09T20:21:07+0000' | timeago}} • Webcast

$IFF said 1Q17 was challenging from a revenue standpoint and full-year 2017 expectations are based on current views in terms of confirmed new wins. $IFF expects volume erosion and destocking to have less of an impact in 2017. $IFF expects improved performance particularly in 2H17 related to Lucas Meyer, and greater contribution from acquisitions.

$IFF {{ '2017-05-08T20:53:21+0000' | timeago}} • Announcement

For FY17, $IFF sees sales to increase 6-7% on adjusted basis (7.5-8.5% on currency neutral basis), compared to prior year. EPS is expected to grow 3.5-4.5% on adjusted basis (6.5-7.5% on currency neutral basis).

$IFF {{ '2017-05-08T20:48:53+0000' | timeago}} • Announcement

$IFF reported a dip in earnings for 1Q17, but recent acquisitions boosted the sales. The fragrance company posted a 2% YoY decline in net income to $115.7MM, or $1.45 per diluted share. Net sales grew 6% to $828.3MM driven by recent acquisitions and a strong performance in Flavors segment.

$IFF {{ '2017-05-04T16:06:11+0000' | timeago}} • Announcement

$IFF BoD has declared a regular quarterly cash dividend of $0.64 per share of its common stock, payable on July 7, 2017 to shareholders as on June 26, 2017.

$IFF {{ '2017-05-03T21:43:07+0000' | timeago}} • Announcement

$IFF BoD has declared a regular quarterly cash dividend of $0.64 per share of its common stock, payable on July 7, 2017 to shareholders as on June 26, 2017.

$IFF {{ '2017-04-28T15:55:32+0000' | timeago}} • Announcement

$IFF appointed Andrew Winston, author of The Big Pivot: Radically Practical Strategies for a Hotter, Scarcer, and More Open World and founder of Winston Eco-Strategies, to its Scientific Advisory Board (SAB).

$IFF {{ '2017-04-11T14:11:02+0000' | timeago}} • Announcement

$IFF acquired Columbia Phytotechnology LLC, a/k/a PowderPure on April 7, 2017. PowderPure focuses on whole fruits and vegetable powders, juice powders, as well as other specialty products. Financial terms of the deal have not been disclosed.

$IFF {{ '2017-04-10T20:48:46+0000' | timeago}} • Announcement

$IFF acquired Columbia Phytotechnology LLC, a/k/a PowderPure on April 7, 2017 for undisclosed terms. PowderPure utilizes its patented Infidri drying technology to create all-natural food ingredients by eliminating water while leaving the taste, nutrition and color matrix intact.

$IFF {{ '2017-03-08T13:02:48+0000' | timeago}} • Announcement

$IFF BoD has declared a regular quarterly cash dividend of $0.64 per share, payable on April 7, 2017 to shareholders of record as on March 27, 2017.

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