earnings
confidence high
sentiment positive
materiality 0.75
IFF posts 16% adjusted EBITDA growth, Q4 adjusted EPS $0.97
INTERNATIONAL FLAVORS & FRAGRANCES INC
2024-FY EPS reported
$0.95
revenue$11,484,000,000
- Full-year 2024 sales $11.48B flat YoY; comparable currency-neutral sales +6% led by Scent (+12%).
- Full-year adjusted operating EBITDA $2.21B (+16% comparable), adjusted EPS ex amortization $4.31.
- Q4 2024 sales $2.77B (+3% reported, +6% comparable); Q4 adjusted EBITDA $471M (margin 17.0%).
- Q4 reported GAAP loss $(115)M, EPS $(0.18); adjusted EPS ex amortization $0.97.
- Free cash flow $607M for 2024; net debt to credit-adjusted EBITDA 3.8x.