Key Developments: International Flavors & Fragrances Inc (IFF)

IFF on New York Consolidated

95.14USD
17 Apr 2014
Price Change (% chg)

$0.76 (+0.81%)
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$97.91
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Latest Key Developments (Source: Significant Developments)

International Flavors & Fragrances Inc declares dividend for Q1 2014
Tuesday, 11 Mar 2014 09:03am EDT 

International Flavors & Fragrances Inc:Declares regular quarterly cash dividend of $0.39 per share.Payable on April 8 to shareholders of record as of March 27.  Full Article

International Flavors & Fragrances Inc reaffirms long term guidance - Conference Call
Thursday, 13 Feb 2014 10:00am EST 

International Flavors & Fragrances Inc:Expects long-term targets call for 4pct to 6pct local currency sales growth.Expects long-term targets call for 7pct to 9pct adjusted operating profit growth.Expects long-term targets call for 10pct-plus adjusted EPS growth.FY 2014 revenue of $3.102 billion, EBIT of $590 million and EPS of $4.95 - Thomson Reuters I/B/E/S.FY 2015 revenue of $3.245 billion, EBIT of $633 million and EPS of $5.42 - Thomson Reuters I/B/E/S.FY 2015 revenue of $3.377 billion, EBIT of $667 million and EPS of $5.75 - Thomson Reuters I/B/E/S.  Full Article

International Flavors & Fragrances Inc completes acquisition of Aromor Flavors and Fragrances
Thursday, 16 Jan 2014 07:00am EST 

International Flavors & Fragrances Inc:Completes the acquisition of Aromor Flavors and Fragrances Ltd, a privately held manufacturer and marketer of complex specialty ingredients that are used in fragrances and flavors.While terms of the transaction have not been disclosed.Aromor will become part of the IFF Fragrances Ingredients business.  Full Article

International Flavors & Fragrances Inc declares dividend for Q4 2013
Tuesday, 10 Dec 2013 08:45am EST 

International Flavors & Fragrances Inc:Declares regular quarterly cash dividend of $0.39 per share of the company's common stock, payable on Jan. 10, 2014 to shareholders of record as of the close of business on Dec. 27.  Full Article

International Flavors & Fragrances Inc Reaffirms Long Term Guidance - Conference Call
Tuesday, 19 Nov 2013 09:45am EST 

International Flavors & Fragrances Inc announced that long-term financial growth targets, it expects to deliver local currency sales growth of 4% to 6%, adjusted operating profit growth of 7% to 9% and adjusted EPS growth of plus 10%. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $2.933 billion, EPS of $4.45 and EBIT of $538 million for fiscal 2013; revenue of $3.060 billion, EPS of $4.90 and EBIT of $581 million for fiscal 2014; revenue of $3.195 billion, EPS of $5.31 and EBIT of 620 million for fiscal 2015.  Full Article

International Flavors & Fragrances Inc Reaffirms Long Term Earnings Guidance - Conference Call
Tuesday, 6 Aug 2013 10:00pm EDT 

International Flavors & Fragrances Inc reaffirmed its long-term financial targets, they expects to deliver local currency growth in the range of 4% to 6%, Operating profit in line with the Company long-term growth targets of 7% to 9%, and 10% or higher earnings per share (EPS) growth. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $4.45 for fiscal 2013; EPS of $4.87 and EBIT of $576 million for fiscal 2014; EPS of $5.25 for fiscal 2015.  Full Article

International Flavors & Fragrances Inc Authorizes Quarterly Dividend Of $0.39 Per Share
Tuesday, 30 Jul 2013 04:53pm EDT 

International Flavors & Fragrances Inc announced that it has authorized a quarterly dividend of $0.39 per share of the Company's common stock, an increase of $0.05 or 15% from the current quarterly dividend of $0.34 per share. The quarterly dividend will be distributed October 10, 2013, to shareholders of record at the close of business on September 26, 2013.  Full Article

International Flavors & Fragrances Inc Reaffirms Long Term Guidance-Conference Call
Tuesday, 11 Jun 2013 03:15am EDT 

International Flavors & Fragrances Inc reaffirmed its long-term financial targets, they are 4% to 6% in terms of local currency sales growth, 7% to 9% in terms of adjusted operating profit growth, and 10%-plus in terms of EPS growth. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $4.44 and EBIT of $539.79 million for fiscal 2013; EPS of $4.88 and EBIT of $577.78 million for fiscal 2014; EPS of $5.24 and EBIT of 618.00 million for fiscal 2015.  Full Article

International Flavors & Fragrances Inc Comments On Long Term Earnings Guidance-Conference Call
Tuesday, 14 May 2013 03:35pm EDT 

International Flavors & Fragrances Inc announced that the Company has established long-term growth targets, which reflect expectations for the business. These include annual local currency growth of 4% to 6%, adjusted operating profit of 7% to 9%, and adjusted Earnings Per Share (EPS) growth of greater than 10%. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $4.44 and EBIT of $539.69 million for fiscal 2013; EPS of $4.86 and EBIT of $577.09 million for fiscal 2014; EPS of $5.22 and EBIT of 615.61 million for fiscal 2015.  Full Article

International Flavors & Fragrances Inc Announces Closure Of Fragrances Ingredients Plant In Augusta
Friday, 3 May 2013 09:03am EDT 

International Flavors & Fragrances Inc announced intention to close Fragrances Ingredients manufacturing facility in Augusta, Georgia by July 2014 and to consolidate production into existing IFF Ingredients facilities. The closing of the Augusta plant will improve efficiencies within the Ingredients manufacturing network, thereby supporting the Company's objective to ensure operations are cost-efficient and competitive.  Full Article

Ingredients firm Symrise to buy Diana for $1.8 billion

FRANKFURT/PARIS - German scents and flavors group Symrise is to buy France's Diana Group for an agreed 1.3 billion euros ($1.8 billion) including debt to narrow the gap on top rival Givaudan and expand in natural ingredients and pet food.

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