International Flavors & Fragrances Inc. Continues To Expect FY23 Sales $11.3B-$11.6B
Portfolio Pulse from Benzinga Newsdesk
International Flavors & Fragrances Inc. (IFF) has reiterated its forecast for FY23 sales to be in the range of $11.3 billion to $11.6 billion.
September 19, 2023 | 8:25 pm
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NEUTRAL IMPACT
IFF has reaffirmed its FY23 sales forecast, indicating confidence in its business strategy and market conditions.
The reaffirmation of the sales forecast by IFF indicates that the company is confident in its business strategy and the market conditions. However, as this is a reaffirmation and not a revision, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100