EVP, Chief Financial Officer, Flavors Fragrances
Verified interview transcripts, podcast appearances, and direct quotes from Michael Deveau, EVP, Chief Financial Officer at Flavors Fragrances. AI-verified speaker identity with full-text searchable transcripts.
“We remain committed to achieving our net debt to credit adjusted EVIDA target of below three times following the completion of our pharma solutions divestature which we expect to be complete in the first half of 2025.”
“In terms of the full year for 2025, we expect free cash flow to be about $500 million. Note that this does include a significant impact of taxes related to the pharma divestature. So that's about $350 million is is our estimate at this point in time. If you adjust for that, our free cash flow will be about $850 million...”
“For the full year 2026, we expect sales to be in the range of 10.5 billion to 10.8 billion representing comparable currency neutral growth of 1 to 4%.”
“Now, as for proceeds, we will use them to buy back shares to offset as much dilution as possible and we will pay down debt to stay about where we are on debt to EBITDA ratio, ensuring that we stay below the 3.0 target.”
Good morning at this time I would like to welcome everyone to the IFF fourth quarter and full year 2024 earnings conference call ...
IFF - Earnings call Q3 2025.
IFF - Earnings call Q2 2025.
IFF - Earnings call Q1 2025.
05/07/2025 Q&A: 18:03 International Flavors & Fragrances Inc., together with its subsidiaries, manufactures and markets food, beverage, health and biosciences, scent, pharma solutions, and complementary adjacent products in the United States, Europe, and internationally. It operates in four segments Nourish, Health & Biosciences, Scent, and Pharma Solutions. The Nourish segment consists of portfolio of natural-based ingredients that includes plant-based specialty food ingredients, such as soy and pea protein with value-added formulations, emulsifiers, and sweeteners; food protection ingredient…
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