IFF reaffirms FY 2023 sales $11.3-11.6B, adj. EBITDA at mid-to-high end of $1.85-2.0B

INTERNATIONAL FLAVORS & FRAGRANCES INC

2023-FY EPS reported -$10.05 revenue$11,479,000,000

Full-year 2023 sales expected in line with prior guidance of $11.3B to $11.6B.
Adjusted operating EBITDA expected at mid-to-high end of $1.85B to $2.0B range.
Reaffirmation issued January 11, 2024; no change to previous outlook.
Company cites no new financial results or material updates beyond guidance.

item 2.02

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

INTERNATIONAL FLAVORS & FRAGRANCES INC updated its the full year ended December 31, 2023 guidance (reaffirmed).

Period: the full year ended December 31, 2023
Guidance: reaffirmed
Result: guidance update

Exact text from the filing

the Company announced its reaffirmation of previously issued financial guidance for the full year ended December 31, 2023. The Company stated that it “expects its full year 2023 sales to be in line with its previously stated guidance range of $11.3 billion to $11.6 billion. It also continues to expect full year 2023 adjusted operating EBITDA to be at the mid to high end of its previously stated guidance range of $1.85 billion to $2.0 billion”

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Source: SEC EDGAR

accession 0001193125-24-009691

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