IFF beats Q2 revenue estimates, announces $500 mln buyback

Reuters
Aug 06
IFF beats <a href="https://laohu8.com/S/QTWO">Q2</a> revenue estimates, announces $500 mln buyback

Overview

  • IFF Q2 2025 revenue of $2.76 bln beats analyst expectations, per LSEG data

  • Adjusted EPS for Q2 exceeds estimates, reflecting improved profitability, per LSEG data

  • Company announces $500 mln share repurchase authorization and divestiture of soy business

Outlook

  • IFF expects full-year 2025 sales of $10.6 bln to $10.9 bln

  • Company maintains 2025 sales growth outlook of 1% to 4%

  • IFF sees 2025 adjusted operating EBITDA of $2 bln to $2.15 bln

  • Company expects foreign exchange to impact sales growth by 1%

Result Drivers

  • CURRENCY NEUTRAL SALES - Currency neutral sales increased 3% driven by broad-based growth, particularly in Taste and Health & Biosciences

  • PRODUCTIVITY GAINS - Improved profitability attributed to volume growth, favorable net pricing, and productivity gains

  • PORTFOLIO RESTRUCTURING - Divestitures of Pharma Solutions and planned sale of soy business align with margin enhancement strategy

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Sales

Beat

$2.76 bln

$2.70 bln (11 Analysts)

Q2 Adjusted EPS

Beat

$1.15

$1.12 (12 Analysts)

Q2 EPS

$2.38

Q2 Net Income

$612 mln

Q2 Adjusted EBITDA

Beat

$552 mln

$546.10 mln (12 Analysts)

Q2 Gross Profit

$1.03 bln

Q2 Operating Income

$198 mln

Q2 Pretax Profit

$534 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 4 "hold" and 2 "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 $90.00, about 22.1% above its August 4 closing price of $70.15

  • The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nBw6gvmKSa

(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.)

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