$IFF (International Flavors & Fragrances Inc.)

$IFF {{ '2015-12-15T21:55:08+0000' | timeago}} • Announcement

New York City-based $IFF said that its Board of Directors has declared a regular quarterly cash dividend of $0.56 per share. This dividend is payable on Jan. 7, 2016 to shareholders of record as of Dec. 28, 2015.

$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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