International Flavors & Fragrances said full-year 2024 net sales were $11.48 billion, flat compared to the prior year period, and on a comparable basis, currency neutral sales increased 6%.

1. 01

   International Flavors & Fragrances said full-year 2024 net sales were $11.48 billion, flat compared to the prior year period, and on a comparable basis, currency neutral sales increased 6%.

2. 02

   The company disclosed that full-year 2024 income before taxes was $278 million, Q4 loss before taxes was $(115) million, full-year EPS was $0.95 and Q4 EPS was $(0.18).

3. 03

   IFF said full-year 2024 cash flow from operations was $1,070 million, free cash flow, defined as cash flow from operations less capital expenditures, totaled $607 million, and net debt to credit-adjusted EBITDA at the end of Q4 was 3.8x.

4. 04

   The company said full-year 2025 sales are expected to be in the range of $10.6 billion to $10.9 billion and adjusted operating EBITDA to be in the range of $2 billion to $2.15 billion. It added that the guidance includes 6 months of Pharma Solutions results with the divestiture assumed to close on June 30.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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