---
schema_version: "secwatch.filing_event.v1"
accession: "0000051253-23-000032"
form_type: "8-K"
ticker: "IFF"
cik: "0000051253"
company_name: "INTERNATIONAL FLAVORS & FRAGRANCES INC"
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:36:13.116936+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IFF Q3 sales $2.82B, adj. EPS $0.89; guides FY adj. EBITDA to mid-high end

## Summary
- Reported Q3 sales $2.82B (-8% YoY); currency-neutral sales -3% YoY.
- GAAP EPS $0.10; adjusted EPS $0.89 (ex-amortization).
- Adjusted operating EBITDA $506M, margin 17.9%.
- Maintains FY2023 sales guidance; expects FY adj. EBITDA at mid-to-high end of range.
- CEO notes sequential volume improvement; pursuing asset divestitures to reduce debt.

## SEC filing metadata
- accession: 0000051253-23-000032
- form_type: 8-K
- ticker: IFF
- cik: 0000051253
- company_name: INTERNATIONAL FLAVORS & FRAGRANCES INC
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51253/000005125323000032/0000051253-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51253/000005125323000032/iff-20231106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000051253-23-000032
- JSON: https://secwatch.observer/filing/0000051253-23-000032.json
- Plain text: https://secwatch.observer/filing/0000051253-23-000032.txt

## Key facts
- Earnings Releases
  INTERNATIONAL FLAVORS & FRAGRANCES INC reported first nine months 2023 results: revenue $8.8 B, net income $123 M, EPS $0.16.
  - Period: first nine months 2023
  - Revenue: $8.8 B
  - Net income: $123 M
  - EPS: $0.16
  - Result: reported results
  source text: First Nine Months 2023 Consolidated Summary: Reported (GAAP) Adjusted (Non-GAAP) 1 Sales Income Before Taxes EPS Operating EBITDA Operating EBITDA Margin EPS ex Amortization $8.8 B $123 M $0.16 $1.5 B 17.3% $2.61
  evidence_url: https://www.sec.gov/Archives/edgar/data/51253/000005125323000032/0000051253-23-000032-index.htm
- Earnings Releases
  INTERNATIONAL FLAVORS & FRAGRANCES INC reported third quarter ended September 30, 2023 results: revenue $2.82 billion, net income $59 M, EPS $0.10.
  - Period: third quarter ended September 30, 2023
  - Revenue: $2.82 billion
  - Net income: $59 M
  - EPS: $0.10
  - Result: reported results
  source text: to further reduce our outstanding debt and strengthen our capital structure." Third Quarter 2023 Consolidated Financial Results • Reported net sales for the third quarter were $2.82 billion, a decrease of 8% versus the prior-year period. On a comparable basis 2 , currency neutral sales 1 decreased 3% versus the prior-year period, as growth in Scent and Health &
  evidence_url: https://www.sec.gov/Archives/edgar/data/51253/000005125323000032/0000051253-23-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.