International Flavors Opens Facility in Hyderabad With Focus on Innovation

International Flavors & Fragrances Inc. IFF announced that it relocated its Global Business Services  (GBS) center in Hyderabad, India, to a newly constructed facility. This move highlights International Flavors’ focus on building an innovative and future-ready work environment.Details of IFF’s New State-of-the-Art FacilityInternational Flavors designed the Hyderabad facility to provide a space for collaboration and wellness. It is located in Hyderabad’s prime financial district and features cutting-edge technologies that support the company’s global operations.The 75,000 sq. ft. facility can employ up to 600 people. The Hyderabad facility features an innovation studio , wherein teams can experiment with cutting-edge automation, robotics and AI. IFF plans for further upgrades to enhance productivity and collaboration.The company built the facility for sustainability and inclusivity, thus employing eco-friendly features like solar lighting and rainwater harvesting. It aims for LEED Gold certification. International Flavors offers high-speed connectivity, top-notch security and adaptable workspaces tailored to different work styles.This dynamic new office in a key market for IFF will play a pivotal role in driving growth in India and globally. By relocating to this new center IFF takes a major leap forward in its strategy to enhance operational efficiency and foster innovation through agile business practices.International Flavors’ Q1 PerformanceIFF reported adjusted earnings of $1.20 per share in first-quarter 2025, beating the Zacks Consensus Estimate of $1.12. The bottom line improved 6% from the year-ago quarter.International Flavors’ net sales were $2.84 billion in the March-end quarter, decreasing 1.9% year over year. The top line surpassed the Zacks Consensus Estimate of $2.83 billion. In the January-March quarter, currency-neutral sales grew 3% year over year, driven by growth in the Taste, Pharma Solutions, Health &  Biosciences, and Scent segments.IFF Stock’s Price PerformanceIn the past year, the company’s shares have lost 21.6% compared with the industry’s decline of 0.4%. Image Source: Zacks Investment Research International Flavors’ Zacks Rank & Stocks to ConsiderThe company currently has a Zacks Rank #3 (Hold).Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation CRS, SSR Mining Inc. SSRM and ATI Inc. ATI. Carpenter Technology currently sports a Zacks Rank #1 (Strong Buy), and SSR Mining and ATI carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Carpenter Technology has an average trailing four-quarter earnings surprise of 11.1%. The Zacks Consensus Estimate for CRS’ 2025 earnings is pegged at $7.20 per share, which indicates year-over-year growth of 51.9%. Carpenter Technology shares have gained 111% last year.SSR Mining has an average trailing four-quarter earnings surprise of 58.8%. The Zacks Consensus Estimate for SSRM’s 2025 earnings is pegged at $1.14 per share, implying year-over-year growth of 307%. SSR Mining’s stock has soared 88.6% last year.ATI has an average trailing four-quarter earnings surprise of 12.54%. The Zacks Consensus Estimate for ATI’s 2025 earnings is pegged at $3.01 per share, indicating year-over-year growth of 22.4%. ATI  shares have jumped 54% last year.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ATI Inc. (ATI): Free Stock Analysis Report International Flavors & Fragrances Inc. (IFF): Free Stock Analysis Report Carpenter Technology Corporation (CRS): Free Stock Analysis Report Silver Standard Resources Inc. (SSRM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks