International Flavors & Fragrances reported that for the quarter ended Q1 2026, reported net sales were $2.74 billion, down 4% from the prior-year period, income before taxes were $209 million, and earnings per share were $0.66.

1. 01

   International Flavors & Fragrances reported that for the quarter ended Q1 2026, reported net sales were $2.74 billion, down 4% from the prior-year period, income before taxes were $209 million, and earnings per share were $0.66.

2. 02

   The company said adjusted operating EBITDA for Q1 was $568 million with a margin of 20.7%. On a comparable basis excluding divestitures, currency neutral sales increased 3% and adjusted operating EBITDA increased 8%.

3. 03

   IFF said cash flows from operations for Q1 2026 were $257 million, up $130 million from the prior-year period, and free cash flow totaled $92 million. Net debt to credit adjusted EBITDA at the end of the quarter was 2.5x.

4. 04

   The company said it continues to expect full year 2026 sales in the range of $10.5 billion to $10.8 billion and adjusted operating EBITDA in the range of $2.05 billion to $2.15 billion. It said it is running a disciplined sale process for Food Ingredients, and the guidance now includes 2 months of results from the Soy Crush, Concentrates, and Lecithin business.

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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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