** Shares of food ingredients maker International Flavors & Fragrances IFF.N up ~5% at $74.01 in extended trading

** Co beats Wall Street expectations for first-quarter sales and profit, helped by steady demand for its products

** Posts Q1 net sales of $2.74 billion, beating analysts' average estimate of $2.64 billion - data compiled by LSEG

** Reports quarterly adjusted profit of $1.25 per share, compared with analysts' estimate of $1.07 per share

** Co reaffirms annual sales and adjusted operating core profit forecasts

** As of Tuesday's last close, stock up 5% YTD