IFF reports Q4 sales $2.84B (-6% YoY); FY GAAP EPS $(7.21), adj. EPS $5.55

INTERNATIONAL FLAVORS & FRAGRANCES INC

2022-FY EPS reported -$7.32 revenue$12,440,000,000

Q4 reported net sales $2.84B, down 6% YoY; currency-neutral comparable sales +4%.
Q4 reported EPS $0.01; adjusted EPS ex amortization $0.97; adjusted operating EBITDA $441M (15.5% margin).
Full year 2022: Sales $12.4B; reported net loss $(1.6)B, EPS $(7.21); adjusted EBITDA $2.5B, adj. EPS $5.55.
CEO cites pricing, productivity, and portfolio optimization driving sales growth and debt reduction; refreshed growth strategy.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.4

INTERNATIONAL FLAVORS & FRAGRANCES INC reported financial results for the quarter and fiscal year ended December 31, 2022.

Period: the quarter and fiscal year ended December 31, 2022
Result: reported results

Exact text from the filing

Attached and being furnished hereby as Exhibit 99.1 is a copy of a press release of International Flavors & Fragrances Inc. (“IFF” or the “Company”) dated February 8, 2023 reporting IFF’s financial results for the quarter and fiscal year ended December 31, 2022.

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

INTERNATIONAL FLAVORS & FRAGRANCES INC filing history →

Source: SEC EDGAR

accession 0000051253-23-000004

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