IFF expects 2026 sales of $7.4 bln to $7.6 bln from continuing operations
Company sees 2026 adjusted operating EBITDA of $1.53 bln to $1.60 bln
IFF expects 2026 comparable currency neutral sales growth of 2% to 4%
Overview
US flavors and fragrances maker's Q2 sales rose 2%
Company announced $2.5 bln share buyback, including $500 mln accelerated repurchase in H2 2026
Analyst coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy"
Wall Street's median 12-month price target for International Flavors & Fragrances Inc is $91.00, about 12.9% above its August 3 closing price of $80.58
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago
Result drivers and key details
VOLUME GROWTH - Co said Q2 performance was driven by volume growth across segments
SEGMENT GROWTH - Scent segment led with high-single digit sales growth, while Taste and Health & Biosciences saw mid-single digit gains
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