07 May 2024 --- International Flavors & Fragrances (IFF) has reported a net sales decrease for the first quarter of the year, but company CEO Erik Fyrwald points to “good results across the majority of our business.” The Scent segment increased currency-neutral sales, driven by growth in its fragrance businesses. The reported net sales for the first quarter were US$2.9 billion, a decrease of 4% versus the prior year period. On a comparable basis, currency-neutral sales increased 5% versus the prior year period, led by growth in Scent, Health & Biosciences and Nourish.
