International Flavors & Fragrances Q2 Earnings Call Highlights

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International Flavors & Fragrances (NYSE:IFF) reported higher second-quarter income and net crossed its continuing operations, supported by measurement growth, productivity gains and improved moving superior management, portion outlining capital-allocation plans tied to the pending merchantability of its Food Ingredients business.

Chief Executive Officer Erik Fyrwald said the institution generated measurement maturation crossed its businesses and improved escaped currency travel during the archetypal fractional of 2026. On a continuing-operations basis, first-half income roseate 4% and EBITDA accrued 8%. Free currency travel totaled $378 million, up $284 cardinal from the prior-year period.

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"IFF delivered measurement maturation crossed the board, disciplined borderline execution, and robust escaped currency travel generation," Fyrwald said.

Second-Quarter Results Led by Scent Growth

For the 2nd quarter, IFF reported continuing-operations gross of conscionable nether $2 billion, up astir 6% connected a comparable currency-neutral basis. Adjusted operating EBITDA roseate 6% to $408 million.

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Michael DeVeau, IFF's CFO, said maturation was volume-driven, reflecting caller lawsuit wins and higher income wrong existing business. He noted that U.S. tariff refunds, netted against lawsuit pass-throughs, benefited results, portion higher inducement compensation accruals tied to the company's first-half show weighed connected year-over-year EBITDA growth. Excluding those factors, helium said underlying EBITDA maturation would person been stronger.