{"schema_version":"secwatch.filing_event.v1","accession":"0000051253-24-000014","form_type":"8-K","ticker":"IFF","cik":"0000051253","company_name":"INTERNATIONAL FLAVORS & FRAGRANCES INC","filed_at":"2024-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.649432+00:00","generated_at":"2026-06-02T22:34:15.345624+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"IFF Q1 2024: Adjusted EBITDA $578M (+20% comparable); expects trend to higher end of guidance","bullets":["Reported sales $2.9B, down 4% YoY; comparable currency-neutral sales up 5% on mid-single digit volume growth.","Adjusted operating EBITDA $578M, +20% on comparable basis; adjusted EPS ex amortization $1.13.","Management says results likely trend toward higher end of FY2024 guidance range.","Portfolio optimization: agreed to sell Pharma Solutions, completed Cosmetic Ingredients divestiture; dividend rightsized earlier.","Net debt to credit adjusted EBITDA at 4.4x; free cash flow $(19)M after capex."],"urls":{"canonical":"https://secwatch.observer/filing/0000051253-24-000014","json":"https://secwatch.observer/filing/0000051253-24-000014.json","markdown":"https://secwatch.observer/filing/0000051253-24-000014.md","text":"https://secwatch.observer/filing/0000051253-24-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/51253/000005125324000014/0000051253-24-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/51253/000005125324000014/iff-20240506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T22:34:15.345624+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"95395d980d099720578ef153321ff9e33d4fb85d","claim":"INTERNATIONAL FLAVORS & FRAGRANCES INC reported the first quarter ended March 31, 2024 results: revenue $2.9 B, net income $115 M, EPS $0.23. Guidance reaffirmed.","evidence_excerpt":"IFF Reports First Quarter 2024 Results NEW YORK - May 6, 2024 - IFF (NYSE: IFF) reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Consolidated Summary: Reported (GAAP) Adjusted (Non-GAAP) 1 Sales Income Before Taxes EPS Operating EBITDA Operating EBITDA Margin EPS ex Amortization $2.9 B $115 M $0.23 $578 M 19.9% $1.13","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/51253/000005125324000014/0000051253-24-000014-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$2.9 B"},{"label":"Net income","value":"$115 M"},{"label":"EPS","value":"$0.23"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}