International Flavors & Fragrances (IFF) is actively pursuing its sustainable business growth.
IFF has revealed China Scent Exploration Program, which is expected to greatly influence the generation of new fragrances in the market. They also launched an
AI-powered Chinese Fragrance Program targeting a $97B market, which showcases their commitment to embracing innovative technology. The company is set to
open a new state-of-the-art innovation center in Shanghai, a strong testament of IFF's continuous pursuit of innovation. Despite some stocks being sold,
Argus has increased IFF's rating to Buy. Moreover, investing in IFF a year ago would have fetched a 54% gain, however, investors three years ago are experiencing a 34% loss. During Q3 2024, IFF experienced strong revenue growth, even if the Earnings Per Share lags. Some shareholders may be looking for exit points, but IFF continues to be one of the key picks of high-profile investors such as
Billionaire Carl Icahn. On the downside, IFF has incurred a €15.9 Million fine for obstructing an antitrust investigation, showing its challenges in managing regulatory affairs. Finally, IFF will sell its Pharma Solutions sector to Roquette in a $2.85 billion deal and invest $50 million in a Turkish plant expansion.
International Flavors Fragrances IFF News Analytics from Wed, 14 Feb 2024 15:39:11 GMT to Wed, 08 Jan 2025 22:12:00 GMT -
Rating 2
- Innovation 3
- Information 8
- Rumor -4
