IFF Q2 continuing ops sales $2.0B, adj EPS $0.82; $2.5B buyback, Food Ingredients sale to CVC

INTERNATIONAL FLAVORS & FRAGRANCES INC

Q2 2026 continuing ops: Sales $2.0B, GAAP EPS $0.13, adjusted EPS ex amortization $0.82, Operating EBITDA $408M (20.9% margin).
First half 2026 continuing ops: Sales $3.9B, GAAP EPS $0.73, adjusted EPS ex amortization $1.74, Operating EBITDA $841M (21.8% margin).
Food Ingredients divestiture to CVC Capital Partners expected to close by end of Q2 2027; IFF retains ~10% minority equity interest.
Board authorized $2.5B share repurchase program, including $500M accelerated share repurchase in H2 2026.

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