International Flavors and Fragrances Inc (IFF) |
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Price: $83.8100
$0.96
1.159%
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Day's High:
| $82.93
| Week Perf:
| 3.21 %
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Day's Low: |
$ 82.05 |
30 Day Perf: |
3.42 % |
Volume (M): |
58 |
52 Wk High: |
$ 97.49 |
Volume (M$): |
$ 4,797 |
52 Wk Avg: |
$78.07 |
Open: |
$80.89 |
52 Wk Low: |
$62.11 |
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Market Capitalization (Millions $) |
21,407 |
Shares
Outstanding (Millions) |
255 |
Employees |
24,000 |
Revenues (TTM) (Millions $) |
11,479 |
Net Income (TTM) (Millions $) |
-2,563 |
Cash Flow (TTM) (Millions $) |
183 |
Capital Exp. (TTM) (Millions $) |
503 |
International Flavors And Fragrances Inc
International Flavors & Fragrances Inc., incorporated in New York in 1909,
is a leading creator and manufacturer of flavor and fragrance products used by
other manufacturers to impart or improve flavor or fragrance in a wide variety
of consumer products. Fragrance products are sold principally to manufacturers
of perfumes, cosmetics, toiletries, hair care products, deodorants, soaps, detergents
and air care products; flavor products are sold principally to manufacturers of
prepared foods, beverages, dairy foods, pharmaceuticals and confectionery products.
Fragrance products are used by customers in the manufacture of consumer products
such as soaps, detergents, cosmetic creams, lotions and powders, lipsticks,
after-shave lotions, deodorants, hair preparations, candles, air fresheners
and all-purpose cleaners, as well as in other consumer products designed solely
to appeal to the sense of smell, such as perfumes and colognes.
The cosmetics industry, including perfume and toiletries manufacturers, is one
of the Companys two largest fragrance customer groups. Most of the major United
States companies in this industry are customers of the Company, and five of
the largest United States cosmetics companies are among its principal customers.
The household products industry, including soaps and detergents, is the other
important fragrance customer group. Four of the largest United States household
product manufacturers are major customers of the Company.
The Companys principal fragrance and flavor products consist of compounds of
large numbers of ingredients blended under proprietary formulas created by its
perfumers and flavorists. Most of these compounds contribute the total fragrance
or flavor to the consumer products in which they are used. This fragrance or
flavor characteristic is often a major factor in the public selection and acceptance
of the consumer end product. A smaller number of compounds is sold to manufacturers
who further blend them to achieve the finished fragrance or flavor in their
products.
The Company produces thousands of compounds, and new compounds are constantly
being created in order to meet the many and changing characteristics of its
customers end products. Most of the fragrance and flavor compounds are created
and produced for the exclusive use of particular customers. The Companys products
are sold in solid and liquid forms and in amounts ranging from a few pounds
to many tons, depending upon the nature of the product.
Competition
The Company has more than 50 competitors in the United States and world markets.
While no single factor is responsible, the Companys competitive position is
based principally on the creative skills of its perfumers and flavorists, the
technological advances resulting from its research and development, the quality
of its customer service, the support provided by its marketing and application
groups, and its understanding of consumers. The Company believes that it is
one of the largest companies producing and marketing on an international basis
a wide range of fragrance and flavor products of the types manufactured for
sale to manufacturers of consumer products. In particular countries and localities,
the Company faces competition from numerous companies specializing in certain
product lines, among which are some companies larger than the Company and some
more important in a particular product line or lines. Most of the Companys
customers do not buy all their fragrance or flavor products from the same supplier,
and some customers make their own fragrance or flavor compounds with ingredients
supplied by the Company or others.
Company Address: 521 West 57th Street New York 10019 NY
Company Phone Number: 765-5500 Stock Exchange / Ticker: NYSE IFF
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Customers Net Income fell by |
IFF's Customers Net Profit Margin fell to |
-5.56 % |
12.46 %
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Stock Performances by Major Competitors |
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Management Changes
Published Fri, Mar 1 2024 9:15 PM UTC
IFF Announces Grant of Employment Inducement Awards In a recent press release, International Flavors and Fragrances Inc (IFF) has announced the granting of employment inducement awards to J. Erik Fyrwald, the company's Chief Executive Officer and member of the Board of Directors. The decision was made by the Board of Directors on January 9, 2024, with a grant date set fo...
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International Flavors And Fragrances Inc
Lower revenue and a deficit may not sound appealing to investors, but there are still positive aspects to consider in the stock market. International Flavors and Fragrances Inc (IFF) has recently reported a decline in revenue and a shortfall per share, but there are some promising initiatives that indicate potential growth in the future. One notable initiative is IFF's partnership with the environmental NGO Bellona. Together, they have launched the Norwegian Marine Restoration (NoMaRe) project, which aims to restore seaweed forests in northern Norway. This groundbreaking effort demonstrates IFF's commitment to protecting marine ecosystems and shows their dedication to sustainable practices. By addressing invasive sea urchin predation and restoring 5,000 square kilometers of seaweed forests, IFF is taking tangible steps towards environmental stewardship.
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Contract
Published Fri, Jan 19 2024 11:55 AM UTC
In a groundbreaking initiative to protect marine ecosystems, International Flavors and Fragrances Inc. (IFF) has partnered with environmental non-governmental organization (NGO) Bellona to restore seaweed forests in northern Norway. The long-term project, called the Norwegian Marine Restoration (NoMaRe) project, aims to manage invasive sea urchin predation and restore 5,000 ...
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Business Update
Published Thu, Jan 11 2024 9:15 PM UTC
In a recent announcement, International Flavors and Fragrances Inc. (IFF) revealed the appointment of J. Erik Fyrwald as the new Chief Executive Officer (CEO) and board director, set to begin on February 6, 2024. Fyrwald's extensive experience in driving innovation and operational excellence positions him well to lead IFF into the future. However, the company is currently fa...
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International Flavors And Fragrances Inc
International Flavors And Fragrances Inc, a leading Chemical Manufacturing company, recently released its financial results for the third quarter ending September 30, 2023. While there were some positive developments such as improving profit margins and a significant reduction in net losses compared to the previous year, there were also concerning factors like declining revenue and slowing demand. This article aims to analyze the implications of these financial results and evaluate their potential impact on the company's future performance. Positive Developments: In terms of net income, International Flavors And Fragrances Inc experienced a remarkable turnaround. The company managed to escape a net loss of $-2,195.000 million in the same reporting period a year ago and recorded a net income of $27.000 million in the third quarter of 2023. This indicates a significant improvement in financial performance and highlights the positive steps the company has taken to drive profitability.
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Per Share |
Current |
Earnings (TTM) |
-10.07 $ |
Revenues (TTM) |
44.94 $
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Cash Flow (TTM) |
0.72 $ |
Cash |
2.75 $
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Book Value |
57.32 $
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Dividend (TTM) |
3.24 $ |
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Per Share |
|
Earnings (TTM) |
-10.07 $
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Revenues (TTM) |
44.94 $ |
Cash Flow (TTM) |
0.72 $ |
Cash |
2.75 $
|
Book Value |
57.32 $ |
Dividend (TTM) |
3.24 $ |
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Flavors |
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Segment |
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of total Revenue |
Fragrances |
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Segment |
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of total Revenue |
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Company Estimates |
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• Revenue Outlook
International Flavors And Fragrances Inc does not provide revenue guidance.
• Earnings Outlook
International Flavors and Fragrances Inc does not provide earnings estimates.
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