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 PRESS RELEASE

IFF Declares Dividend for Second Quarter 2024

NEW YORK--(BUSINESS WIRE)-- IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share of its common stock, payable on July 10, 2024 to shareholders of record as of June 21, 2024. Welcome to IFF At IFF (NYSE: IFF), an industry leader in food, beverage, scent, health and biosciences, science and creativity meet to create essential solutions for a better world – from global icons to unexpected innovations and experiences. With the beauty of art and the precision of science, we are an international collective of thinkers who partners ...

International Flavors & Fragrances, Inc.: Update following Baa3 affirm...

Our credit view of this issuer reflects its strong market position, against its low RCF/Debt and FCF metrics and its leverage and credit metrics.

 PRESS RELEASE

IFF to Release First Quarter 2024 Results on May 6, 2024

NEW YORK--(BUSINESS WIRE)-- IFF (NYSE:IFF) today announced that it will release its first quarter 2024 earnings results following the market close on Monday, May 6, 2024. The management team will host a live webcast on Tuesday, May 7, 2024 at 9:00 a.m. ET to discuss results and outlook with the investor community. Investors may access the live webcast and accompanying slide presentation on the Company's website at . For those unable to listen to the live webcast, a recorded version will be made available for replay. Welcome to IFF At IFF (NYSE: IFF), an industry leader in food, beverage, h...

Moody's affirms International Flavors & Fragrances' Baa3 rating; outlo...

Moody's Ratings (Moody's) affirmed International Flavors & Fragrances, Inc.'s ("IFF") Baa3 issuer rating, Baa3 senior unsecured debt rating and its Prime-3 (P-3) rating for commercial paper. The outlook was changed to stable from negative. The stabilization of the outlook follows the company's rec...

 PRESS RELEASE

IFF Completes Divestiture of Cosmetics Ingredients Business

NEW YORK--(BUSINESS WIRE)-- IFF (NYSE: IFF) today announced that it has completed the previously announced divestiture of its Cosmetic Ingredients business to Clariant, a sustainably focused specialty chemicals company. As a part of Clariant, the business will continue to deliver innovative ingredients for the cosmetic and personal care product portfolio. “At IFF, our strategic transformation is focused on bringing leading innovation to best serve target customers in our core businesses,” said IFF CEO Erik Fyrwald. “To do this, we are optimizing and streamlining our portfolio to drive simpli...

 PRESS RELEASE

IFF Names Ana Paula Mendonça President, Scent

NEW YORK--(BUSINESS WIRE)-- IFF (NYSE: IFF) today announced Ana Paula Mendonça—who has dedicated her career to the advancement and commercialization of fragrance—has been named President of Scent, IFF, effective April 1. Simon Herriott, current president of Health & Biosciences and Scent will continue to lead IFF’s Health and Biosciences business unit. In Mendonça’s new role, she will lead IFF’s industry-leading Scent business unit, which includes fine fragrance, consumer fragrance and fragrance ingredients. Mendonça will be based in New York City and remain part of IFF’s Executive Leadershi...

Camping World Holdings Inc: 1 director

A director at Camping World Holdings Inc sold 100,000 shares at 25.629USD and the significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two y...

 PRESS RELEASE

IFF Announces Sale of its Pharma Solutions Business to Roquette

NEW YORK--(BUSINESS WIRE)-- IFF (NYSE: IFF) today announced that it has entered into a definitive agreement to sell its Pharma Solutions business unit to French leader of plant-based ingredients Roquette for an enterprise value of up to $2.85 billion, which represents an enterprise value to EBITDA multiple of approximately 13x. IFF’s Pharma Solutions business is a well-established developer and manufacturer of pharmaceutical excipients and includes its Global Specialty Solutions business supporting industrial and methyl cellulosic food applications. The Pharma Solutions business being sold to ...

 PRESS RELEASE

IFF Announces Grant of Employment Inducement Awards

NEW YORK--(BUSINESS WIRE)-- IFF (NYSE: IFF) today announced the grant of employment inducement awards to J. Erik Fyrwald, IFF Chief Executive Officer and member of the Board of Directors. The Company's Board of Directors approved the employment inducement awards on Jan. 9, 2024, with a grant date of March 1, 2024, as a material inducement to enter into an offer of employment in reliance on the employment inducement award exception to New York Stock Exchange Listing Rule 303A.08 that requires shareholder approval of equity-based compensation plans. Listing Rule 303A.08 requires the public ann...

 PRESS RELEASE

IFF Named Top Company in the U.S. for Gender Equality in 2024

NEW YORK--(BUSINESS WIRE)-- IFF (NYSE: IFF)—a world leader in food and beverage, home and personal care, and health—has been named the top American Company for gender equality and tenth globally by Equileap, a leading organization providing data and insights on gender equality in the corporate sector. In its seventh annual Gender Equality Global Report & Ranking, Equileap provides a status update on gender equality in the corporate world, evaluating 19 different criteria that range from the gender pay gap and female representation at all corporate levels to parental leave and anti-sexual har...

 PRESS RELEASE

IFF Reports Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)-- International Flavors & Fragrances Inc. (NYSE: IFF) reported financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Consolidated Summary: Reported (GAAP)   Adjusted (Non-GAAP)1 Sales   Loss Before Taxes   EPS   Operating EBITDA   Operating EBITDA Margin   EPS ex Amortization $2.7 B   $(2.6) B   $(10.21)   $461 M   17.1%   $0.72 Full Year 2023 Consolidated Summary:...

 PRESS RELEASE

Great Elm Group Reports Fiscal 2024 Second Quarter Financial Results

Great Elm Group Reports Fiscal 2024 Second Quarter Financial Results Company to Host Conference Call at 8:30 a.m. ET on February 14, 2024 WALTHAM, Mass., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal second quarter ended December 31, 2023. Fiscal Second Quarter 2024 and Other Recent Highlights On February 8, 2024, GECC raised $24 million of equity capital from a special purchase vehicle (“SPV”) that acquired GECC common stock...

 PRESS RELEASE

Great Elm Group, Inc. Schedules Fiscal 2024 Second Quarter Conference ...

Great Elm Group, Inc. Schedules Fiscal 2024 Second Quarter Conference Call and Webcast WALTHAM, Mass., Feb. 09, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“Great Elm”), (NASDAQ: GEG), today announced plans to release financial results for the fiscal quarter ended December 31, 2023 after the close of market trading on Tuesday, February 13, 2024.    Company to Host Conference Call & Webcast Great Elm will also host a conference call and webcast on Wednesday, February 14, 2024, at 8:30 a.m. Eastern Time to discuss its fiscal 2024 second quarter financial results.    All interes...

 PRESS RELEASE

Great Elm Group, Inc. (“GEG”) Invests $6 Million to Support a $24 mill...

Great Elm Group, Inc. (“GEG”) Invests $6 Million to Support a $24 million Equity Raise for Great Elm Capital Corp. (“GECC”) at Net Asset Value PALM BEACH GARDENS, Fla., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (the “Company” or “GEG”), (NASDAQ: GEG), an alternative asset manager, today announced it has invested $6 million in a special purpose vehicle which acquired $24 million of common stock in GECC at net asset value (“NAV”). “This transaction leverages GEG’s key attributes to create a beneficial outcome for all stakeholders,” said Jason Reese, GEG’s Chief Executive Offi...

 PRESS RELEASE

CapStar Financial Holdings, Inc. Announces Quarterly Dividend of $0.11...

CapStar Financial Holdings, Inc. Announces Quarterly Dividend of $0.11 per Share NASHVILLE, Tenn., Jan. 29, 2024 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ: CSTR) announced that on January 26, 2024, the Board of Directors of the Company approved a quarterly dividend of $0.11 per common share payable on February 21, 2024 to shareholders of record of CapStar’s common stock as of the close of business on February 7, 2024. About CapStar Financial Holdings, Inc. CapStar Financial Holdings, Inc. is a bank holding company headquartered in Nashville, Tennessee and o...

 PRESS RELEASE

IFF to Release Fourth Quarter and Full Year 2023 Results on Feb. 20, 2...

NEW YORK--(BUSINESS WIRE)-- IFF (NYSE:IFF) today announced that it will release its fourth quarter and full year 2023 earnings results following the market close on Tuesday, Feb. 20, 2024. The management team will host a live webcast on Wednesday, Feb. 21, 2024 at 9:00 a.m. ET to discuss results and outlook with the investor community. IFF also announced today that the Company’s management will speak at the Consumer Analyst Group of New York (CAGNY) conference in Boca Raton, Florida, on Thursday, Feb. 22, 2024 at 1:00 PM ET. Investors may access the live webcast and accompanying slide pres...

 PRESS RELEASE

IFF Partners with Environmental NGO Bellona to Restore Norwegian Seawe...

SANDVIKA, Norway--(BUSINESS WIRE)-- IFF (NYSE: IFF), a global leader in food and beverage, home and personal care and health, today announced its partnership with environmental non-governmental organization (NGO) Bellona in a long-term project to restore seaweed forests in northern Norway. The collaboration on the Norwegian Marine Restoration (NoMaRe) project aims to restore 5,000 square kilometers of seaweed forest by managing invasive sea urchin predation. The regrowth of the forests could increase biological carbon sequestration by 12 million tons – the equivalent of Norway’s total oil and ...

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