What does latin america — number of sites closed mean?

The total number of business locations shut down in the Latin American region.

How do you interpret latin america — number of sites closed?

An increase often signals aggressive cost-cutting or operational consolidation, which may lead to short-term disruption but long-term margin improvement.

How does latin america — number of sites closed compare across companies?

Comparable to restructuring-related facility closure disclosures found in the MD&A or segment notes of global manufacturing firms.

International Flavors & Fragrances IFF Latin America — Number Of Sites Closed

Discontinued — last reported Q1 '20

Similar metrics at other companies

MODAmericas — Number Of Closed Manufacturing Facilities Sold

0.5—

TLatin America — Asset impairments and abandonments and restructuring

$0—

CLLatin America — Total charges incurred (percent)

0%—

RPMConsumer — Number Of Manufacturing Facilities Closed

2—

WTSAmericas — Number Of Facility Approved For Closure

2+300%

GISAsia And Latin America — Restructuring And Related Cost Expected Number Of Positions Eliminated

440+300%

Other financials

Income statement

See full

Revenue$2.7B-3.6%

Gross profit$1.0B-1.6%

Operating income$273.0M+130%

Net income$169.0M+117%

EPS (diluted)$0.66+117%

Balance sheet

See full

Cash & equivalents$562.0M-13.5%

Total debt$6.3B-35.5%

Total equity$14.1B+7.2%

Total assets$25.1B-11.0%

Cash flow

See full

Operating cash flow$257.0M+102%

CapEx$165.0M-7.8%

Free cash flow$92.0M+277%

Valuation

See full

Market cap$19.59B-6.6%

Enterprise value$25.37B-16.2%

P/E23.9×—

P/S1.8×0.0×

Profitability

See full

Gross margin36.3%+0.2pp

Operating margin-3.2%-1.4pp

Net margin7.6%+5.2pp

FCF margin3.7%-1.3pp

Returns & leverage

See full

Return on equity6%+4.0pp

Debt / equity0.4×-0.3×

Current ratio1.5×-0.4×

Where this comes from

Reported directly by International Flavors & Fragrances in its filing.

Tagged under the XBRL concept iff:RestructuringAndRelatedCostNumberOfSitesClosed.

The official record: International Flavors & Fragrances’s 10-Q, filed May 11, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does latin america — number of sites closed mean?: The total number of business locations shut down in the Latin American region.
How do you interpret latin america — number of sites closed?: An increase often signals aggressive cost-cutting or operational consolidation, which may lead to short-term disruption but long-term margin improvement.
How does latin america — number of sites closed compare across companies?: Comparable to restructuring-related facility closure disclosures found in the MD&A or segment notes of global manufacturing firms.