International Flavors Fragrances Inc. (IFF) is a pertinent subject of various market analyses. Its stock is presented as a reliable asset for portfolio retention, and has exhibited strong performance during multiple trading days, outperforming competitors, despite day losses. Some investors who held IFF three years ago might be experiencing a 34% loss, however investing a year ago could have yielded a 54% gain. Strategic insights have presented IFF as a potential candidate for a buy with Street Analysts maintaining a bullish perspective. Recent happenings include the appointment of a New Chief Financial Officer, Michael DeVeau, and the sale of its pharma unit to France's Roquette in a $2.85 bln deal. Its Q3 earnings showed significant growth with sales hitting $2.93B and EBITDA growing by 16%. The company is also set to open a new Innovation Center in Shanghai. Despite facing growth challenges, the company's resilience has been noted, which now includes plans for a new TEXSTAR solution aiming to enhance texture and cut emissions in dairy and plant-based foods.
International Flavors Fragrances IFF News Analytics from Wed, 14 Feb 2024 15:39:11 GMT to Fri, 03 Jan 2025 15:59:16 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 3
