IFF Fact Sheet - International Flavors and Fragrances
IFF Fact Sheet - International Flavors and Fragrances
IFF Fact Sheet - International Flavors and Fragrances
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Mission<br />
<strong>International</strong> <strong>Flavors</strong> & <strong>Fragrances</strong> Inc. (NYSE: <strong>IFF</strong>) will be the industry benchmark in<br />
providing superior fragrances <strong>and</strong> flavors to a global marketplace, supporting<br />
customers with innovative solutions that improve consumers’ lives <strong>and</strong> well-being.<br />
Company Description<br />
� Incorporated in New York in 1909<br />
� Listed on the New York Stock Exchange, <strong>IFF</strong><br />
� Member of the S&P 500 index<br />
� Global flavor <strong>and</strong> fragrance company<br />
� Creator of innovative flavor <strong>and</strong> fragrance solutions<br />
� 2011 net sales of $2.8 billion<br />
� Corporate headquarters in New York City<br />
Business Units<br />
Products<br />
Leadership<br />
Information as of March 2012<br />
<strong>Flavors</strong> <strong>Fragrances</strong><br />
Flavor products are sold principally to<br />
the food <strong>and</strong> beverage industries for<br />
use in consumer products such as soft <strong>and</strong><br />
non-carbonates drinks, c<strong>and</strong>ies, baked<br />
goods, desserts, prepared foods, dietary<br />
foods, dairy products, drink powders,<br />
pharmaceuticals, snack foods <strong>and</strong> alcoholic<br />
beverages.<br />
Markets<br />
Two of the Company’s largest customers for<br />
flavor products are major producers of<br />
prepared foods <strong>and</strong> beverages in the United<br />
States. Flavor products accounted for 48%<br />
of the Company’s 2011 sales.<br />
Douglas D. Tough<br />
Chairman & CEO<br />
Nicolas Mirzayantz<br />
Group President, <strong>Fragrances</strong><br />
Hernan Vaisman<br />
Group President, <strong>Flavors</strong><br />
Kevin C. Berryman<br />
EVP & Chief Financial Officer<br />
Products<br />
Fragrance products are used by customers in the<br />
manufacture of various consumer goods in the<br />
home <strong>and</strong> personal care markets, such as<br />
perfumes, colognes, soaps, detergents,<br />
lotions <strong>and</strong> powders, after-shave lotions,<br />
deodorants, hair care products, c<strong>and</strong>les,<br />
air fresheners <strong>and</strong> all-purpose cleaners as<br />
well as in other consumer products.<br />
Markets<br />
Five of the largest global companies are among<br />
our principal customers. Fragrance products<br />
accounted for 52% of the Company’s 2011 sales.<br />
Ahmet Baydar<br />
SVP, Research & Development<br />
Angelica T. Cantlon<br />
SVP, Human Resources<br />
Anne Chwat<br />
SVP, General Counsel <strong>and</strong> Corporate Secretary<br />
Francisco Fortanet<br />
SVP, Operations<br />
Page 1 of 2
Global Presence<br />
2011 Sales<br />
Augusta, GA<br />
Carrollton, TX*<br />
Jacksonville, FL<br />
Tlalnepantla, Mexico*<br />
By Destination By Category Market Share*<br />
North<br />
America<br />
24%<br />
Latin America<br />
15%<br />
Financial Results (in millions except per share <strong>and</strong> dividend amounts) Key Statistics<br />
<strong>IFF</strong> Contacts<br />
Greater Asia<br />
27%<br />
New York, NY **<br />
Hazlet, NJ*<br />
Shrewsbury, NJ<br />
South Brunswick, NJ*<br />
Union Beach, NJ*<br />
EAME<br />
34%<br />
Grasse, France*<br />
Paris, France*<br />
Hamburg, Germany<br />
Oberhausen, Germany*<br />
Cairo, Egypt*<br />
Tel Aviv, Israel<br />
Dubai, United Arab Emirates<br />
Johannesburg, South Africa*<br />
Buenos Aires, Argentina*<br />
Rio de Janeiro, Brazil<br />
Tamboré, Brazil*<br />
Taubate, Brazil*<br />
Bogota, Colombia<br />
Budapest, Hungary<br />
Milan, Italy*<br />
Hilversum, The Netherl<strong>and</strong>s*<br />
Tilburg, The Netherl<strong>and</strong>s<br />
Warsaw, Pol<strong>and</strong><br />
Moscow, Russia<br />
Bratislava, Slovakia<br />
Ingredients 11%<br />
Fine &<br />
Beauty Care<br />
18%<br />
Functional<br />
<strong>Fragrances</strong><br />
23%<br />
2011 2010 2009<br />
Sales $2,788 $2,623 $2,326<br />
Net Income $267 $264 $196<br />
Diluted EPS $3.26 $3.26 $2.46<br />
Dividend $1.16 $1.04 $1.00<br />
Corporate Headquarters<br />
521 West 57 th Street<br />
New York, NY 10019<br />
212-765-5500<br />
www.iff.com<br />
Barcelona, Spain*<br />
Benicarlo, Spain<br />
Madrid, Spain<br />
Knislinge, Sweden*<br />
Malmo, Sweden<br />
Gebze, Turkey*<br />
Istanbul, Turkey<br />
London, UK<br />
Haverhill, UK<br />
Bangalore, India<br />
Calcutta, India<br />
Chennai, India*<br />
Chittoor, India<br />
Mumbai, India*<br />
Delhi, India<br />
Jakarta, Indonesia*<br />
Karachi, Pakistan<br />
Cebu, Philippines<br />
Manila, Philippines*<br />
Science Park, Singapore*<br />
Bangkok, Thail<strong>and</strong>*<br />
Ho Chi Minh City, Vietnam<br />
Beijing, China<br />
Guangzhou, China*<br />
Hong Kong<br />
Shanghai, China*<br />
Hangzhou, China<br />
Zhejiang, China<br />
Gotemba, Japan<br />
Osaka, Japan<br />
Tokyo, Japan*<br />
Seoul, Korea*<br />
Sydney, Australia<br />
Melbourne, Australia*<br />
*Global Creative Center<br />
**Global Headquarters<br />
Information as of March 2012 Page 2 of 2<br />
<strong>Flavors</strong><br />
48%<br />
Investor Relations<br />
521 West 57 th Street<br />
New York, NY 10019<br />
212-708-7164<br />
Michael.deveau@iff.com<br />
2007 Market Share<br />
Other<br />
35%<br />
Symrise<br />
11%<br />
Firmenich<br />
15%<br />
Givaudan<br />
24%<br />
<strong>IFF</strong><br />
15%<br />
*Data source: Company Reports & IAL<br />
Consultants<br />
� Market Capitalization ≈ $4.6 billion<br />
� Approximately 5,600 employees globally<br />
� 97 flavorists globally<br />
� 76 perfumers globally<br />
Media Relations<br />
521 West 57 th Street<br />
New York, NY 10019<br />
212-708-7211<br />
Corporate.communications@iff.com
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