International Flavors & Fragrances(IFF) - 2023 Q1 - Earnings Call Presentation

Q1 2023 Performance - Comparable currency neutral sales increased by 1%[9, 41] - Comparable currency neutral adjusted operating EBITDA decreased by 19%[9, 28] - Comparable currency neutral adjusted operating EBITDA ex Absorption decreased by 4%[11] - Adjusted Operating EBITDA was $503 million[25, 28] - Net Debt to Credit Adjusted EBITDA was 4.6x[25, 45] - Q1 2023 sales were $3.0 billion[25] FY 2023 Outlook (Revised) - Revenue is expected to be approximately $12.3 billion[34] - Comparable currency neutral sales growth is expected to be approximately 5%[34] - Adjusted operating EBITDA is expected to be approximately $2.34 billion[34] - Comparable currency neutral adjusted operating EBITDA growth is expected to be approximately 0%[34]