Flavors and fragrances maker IFF's Q3 sales beat estimates

International Flavors & Fragrances

04/11/2025 22:07

Overview

IFF Q3 sales decline 8% yr/yr but beat analyst expectations

Company reaffirms full-year 2025 financial guidance despite challenging environment

Outlook

IFF maintains full-year 2025 sales guidance of $10.6 bln to $10.9 bln

IFF expects 2025 adjusted operating EBITDA of $2 bln to $2.15 bln

IFF anticipates 1%-4% comparable currency neutral sales growth, lower end expected

Foreign exchange expected to reduce 2025 sales growth by ~1%

Pharma Solutions divestiture to impact 2025 sales growth by ~7%

Result Drivers

SCENT AND TASTE - Sales momentum in Scent and Taste segments supported by strong new win contributions

PRODUCTIVITY GAINS - Margin expansion driven by productivity improvements, according to CEO Erik Fyrwald

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$2.69 bln
$2.63 bln (11 Analysts)
Q3 EPS
$0.16
Q3 Net Income
$41 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy"

Wall Street's median 12-month price target for International Flavors & Fragrances Inc is $80.00, about 22.4% above its November 3 closing price of $62.08

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBwmVSpma

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)