Discontinued — last reported Q2 '23
Business Segments · Restructuring Charges
Corporate and Other — Restructuring Charges
International Flavors & Fragrances Corporate and Other — Restructuring Charges decreased by 86.5% to $7M in Q2 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $7M to $7M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ3 2015
Last reportedQ2 2023Aug 9, 2023
Rolls up toRestructuring Charges
How to read this metric
An increase suggests active cost-cutting or structural realignment, while a decrease indicates a more stable operational footprint.
Detailed definition
These are non-recurring expenses incurred to reorganize business operations, such as facility closures or headcount redu...
Peer comparison
Commonly reported as 'Restructuring Charges' or 'Special Items' across large-cap industrial and specialty chemical peers.
Metric ID:
iff_segment_corporate_and_other_restructuring_chargesHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $24M | $6M | $7M | $2M | $7M | -$4M | $7M | $52M | $7M |
| QoQ Change | — | -75.0% | +16.7% | -71.4% | +250.0% | -157.1% | +275.0% | +642.9% | -86.5% |
| YoY Change | — | — | — | — | -70.8% | -166.7% | +0.0% | >999% | +0.0% |
Range-$4M – $52M
CAGR-46.0%
Avg YoY Growth+452.5%
Median YoY Growth+0.0%
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Frequently Asked Questions
- What is International Flavors & Fragrances's corporate and other — restructuring charges?
- International Flavors & Fragrances (IFF) reported corporate and other — restructuring charges of $7M in Q2 2023.
- How has International Flavors & Fragrances's corporate and other — restructuring charges changed year-over-year?
- International Flavors & Fragrances's corporate and other — restructuring charges decreased by 0.0% year-over-year, from $7M to $7M.
- What does corporate and other — restructuring charges mean?
- One-time costs associated with reorganizing business operations to improve efficiency.