IFF Reports Third Quarter 2024 Results
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IFF reported its financial results for the third quarter of 2024, showing $2.9 billion in sales, $95 million in income before taxes, and an EPS of $0.23. The operating EBITDA was $568 million with a margin of 19.4%, and EPS excluding amortization was $1.04.
November 05, 2024 | 9:30 pm
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IFF's Q3 2024 results show solid financial performance with $2.9 billion in sales and a strong operating EBITDA margin of 19.4%.
The reported financial results indicate a strong performance by IFF in Q3 2024, with significant sales and a healthy operating EBITDA margin. This is likely to positively impact the stock price in the short term as it reflects the company's ability to generate revenue and maintain profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100