Revenue of 40 billion RMB in six months: IFF, the global flavor & fragrance giant, 'held steady'

Recently, International Flavors & Fragrances Inc. (IFF) released its financial results for the second quarter of fiscal year 2025 and key consolidated financial data for the first half of the year. From a financial performance perspective: 1. Revenue Total revenue for the first six months of FY2025 amounted to USD 5.607 billion (approximately RMB 40.008 billion), down 3.13% year-on-year from USD 5.788 billion in the same period last year. Second-quarter sales reached USD 2.764 billion (approximately RMB 19.722 billion), a 4% decline year-on-year; however, sales growth excluding foreign exchange impacts was 3%. 2. Profitability Net loss for the first six months of FY2025 totaled USD 405 million, compared to net income of USD 233 million in the same period last year. Pre-tax profit for the second quarter stood at USD 534 million, while adjusted EBITDA was USD 552 million (approximately RMB 3.939 billion); adjusted EBITDA excluding foreign exchange impacts grew by 6%. The losses may stem from costs associated with business divestitures, rising operational expenses, or underperformance in certain business segments. International Flavors & Fragrances Inc. (IFF) is a global leader in flavors, fragrances, and functional ingredients, delivering sensory experiences and nutritional health solutions to industries including food & beverage, personal care, home care, and pharmaceuticals. In 1889, Josef Polak and Leopold Schwarz co-founded Pollak & Schwarz in the Netherlands—a company producing fruit flavors and essential oils—which soon became Europe’s leading flavor producer at the time. In the early years of World War II, it merged with U.S.-based Van Ameringen-Haebler, Inc., a firm primarily focused on perfumery. In 1958, the global consolidation was completed, and the new entity was named International Flavors & Fragrances (IFF). By business segment: ① Taste Business Second-quarter revenue reached USD 631 million, with broad-based growth across all regions. Adjusted EBITDA stood at USD 125 million; the second-quarter adjusted operating EBITDA margin was 19.8%. On a comparable basis, operating EBITDA—adjusted for foreign exchange neutrality—grew by 3%.

Market panoramic research and investment trend analysis report for China’s synthetic fragrance industry, 2026–2032

IV. Risks in the Synthetic Fragrance Industry Section III: Market Entry and Exit Status and Forecasts Chapter VI: Current Development Status of China’s Synthetic Fragrance Industry Section I: Analysis and Forecast of the Current Status of China’s Synthetic Fragrance Market Section II: Analysis and Forecast of China’s Synthetic Fragrance Production Volume I. Overall Capacity Scale of Synthetic Fragrances II. Regional Distribution of Synthetic Fragrance Production III. Production Volume, 2021–2025 Section III: Market Structure Analysis of Synthetic Fragrances I. Product Market Structure II. Brand Market Structure III. Regional Market Structure IV. Distribution Channel Analysis for Synthetic Fragrances Section IV: Analysis and Forecast of Demand for Synthetic Fragrances in China I. Characteristics of Demand for Synthetic Fragrances in China II. Major Geographic Distribution Section V: Analysis of Downstream Application Fields and Related Customers for Synthetic Fragrances in China Section VI: Price Trend Analysis of Synthetic Fragrances in China I. Price Trends for Synthetic Fragrances in China, 2021–2025 II. Current Market Prices and Analysis for Synthetic Fragrances in China III. Analysis of Factors Influencing Synthetic Fragrance Prices IV. Price Trend Forecast for Synthetic Fragrances in China, 2026–2032 Chapter VII: Economic Operations of the Synthetic Fragrance Industry, 2021–2025 Section I: Solvency Analysis of the Synthetic Fragrance Industry, 2021–2025 Section II: Profitability Analysis of the Synthetic Fragrance Industry, 2021–2025 Section III: Growth Capacity Analysis of the Synthetic Fragrance Industry, 2021–2025 Section IV: Number of Enterprises in the Synthetic Fragrance Industry and Trend Analysis, 2021–2025 Chapter VIII: Import and Export Analysis of Synthetic Fragrances in China, 2021–2025 Section I: Characteristics of Imports and Exports of Synthetic Fragrances Section II: Import Analysis of Synthetic Fragrances Section III: Export Analysis of Synthetic Fragrances Section IV: Statistical Table of Chinese Synthetic Fragrance Exporting Enterprises Chapter IX: Analysis of Key Domestic and International Synthetic Fragrance Enterprises Section I: Lonza Group Ltd. I. Company Profile II. Competitive Advantages III. Product/Service Features IV. Business Performance V. Development Plans Section II: BASF SE I. Company Profile II. Competitive Advantages III. Product/Service Features IV. Business Performance V. Development Plans Section III: Dow Chemical Company I. Company Profile II. Competitive Advantages III. Product/Service Features IV. Business Performance V. Development Plans Section IV: Dow Corning Corporation I. Company Profile II. Competitive Advantages III. Product/Service Features IV. Business Performance V. Development Plans Section V: Eastman Chemical Company I. Company Profile II. Competitive Advantages III. Product/Service Features IV. Business Performance V. Development Plans Section VI: International Flavors & Fragrances Inc. (IFF) I. Company Profile II. Competitive Advantages III. Product/Service Features IV. Business Performance V. Development Plans Chapter X: Competitive Landscape and Investment Recommendations for Synthetic Fragrances Section I: Statistics on Newly Added Capacity and Expansion Projects in China’s Synthetic Fragrance Industry, 2021–2025 Section II: Competitive Landscape of China’s Synthetic Fragrance Industry Section III: Investment Environment Analysis for Synthetic Fragrances Section IV: Analysis of Investment Entry Barriers for Synthetic Fragrances I. Economies of Scale and Required Capital

International Flavors & Fragrances Upgraded by Zacks Research to Hold Rating

Sep 23, 2026

Zacks Research upgraded International Flavors & Fragrances to a 'hold' rating despite missing quarterly earnings. The company authorized a $2.5 billion share repurchase program alongside a moderate buy consensus.

MarketBeat

2026-04-07

BNP Paribas Exane Lowers Price Target for International Flavors & Fragrances (NYSE:IFF)

2026-04-07

International Flavors & Fragrances Inc. Stock Underperforms on Tuesday

2026-04-08

International Flavors & Fragrances Inc. Given Consensus Recommendation of "Moderate Buy" by Analysts

2026-04-09

OFI Invest Asset Management Reduces Stake in International Flavors & Fragrances

2026-04-10

Douglas Lane & Associates LLC Sells 39,607 Shares of International Flavors & Fragrances Inc.