IFF splits Nourish into Taste, Food Ingredients segments; recasts 2024 segment data

INTERNATIONAL FLAVORS & FRAGRANCES INC

Effective Jan 1, 2025, IFF split former Nourish into Taste (flavors) and Food Ingredients; now five reportable segments.
Recast unaudited 2024 net sales: Taste $2,428M, Food Ingredients $3,365M, Health & Biosciences $2,203M, Scent $2,439M, Pharma $1,049M; total $11,484M.
FY2024 adj. EBITDA: Taste $460M, Food Ingredients $408M, Health & Biosciences $577M, Scent $545M, Pharma $215M; total $2,205M.
Recast data does not restate previously filed financials; provided for historical comparison only.

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