International Flavors & Fragrances | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 1.954 B

Revenue: As of FY2026 Q2, the actual value is USD 1.954 B, missing the estimate of USD 2.692 B.

EPS: As of FY2026 Q2, the actual value is USD 0.13, missing the estimate of USD 0.7.

EBIT: As of FY2026 Q2, the actual value is USD 110 M.

Operational Developments

International Flavors & Fragrances Inc. entered into a Purchase Agreement on May 29, 2026, to sell its Food Ingredients business to funds advised by CVC Capital Partners. International Flavors & Fragrances Inc. will retain an approximately 10% minority equity interest in the Food Ingredients business, allowing for continued collaboration and participation in future value creation. The Food Ingredients disposal group has been classified as held for sale, with its results of operations presented as discontinued operations for all periods presented, indicating a strategic shift expected to significantly affect International Flavors & Fragrances Inc.’s operations and results.

Outlook

The sale of the Food Ingredients disposal group is anticipated to close by the end of the second quarter of 2027, subject to customary closing conditions and regulatory approvals. This transaction represents a strategic shift expected to significantly impact International Flavors & Fragrances Inc.’s operations and results. The retained minority equity interest aims to facilitate ongoing collaboration and enable International Flavors & Fragrances Inc. and its shareholders to participate in future value creation under the new ownership.