International Flavors & Fragrances Inc. Q1 2010 Earnings Call Transcript
International Flavors & Fragrances Inc. (IFF)
Q1 2010 Earnings Call TranscriptMay 6, 2010 10:00 am ETExecutivesMichael DeVeau – Manager, IRDoug Tough – Chairman and CEOHernan Vaisman – Group President, FlavorsNicolas Mirzayantz – Group President, FragrancesKevin Berryman – EVP and CFOAnalystsMike Sison – KeyBancMark Astrachan – Stifel NicolausEdward Yang – OppenheimerLauren Lieberman – Barclays CapitalJohn Roberts – Buckingham ResearchPresentationOperatorAt this time, I'd like to welcome you to the International Flavors & Fragrances first quarter 2010 earnings conference call. All participants will be on a listen-only mode until the formal question and answer portion of the call. Participants will be announced by their name and company and in order to give all participants an opportunity to ask a question, we request a limit of one question per person.I would now like to introduce Michael DeVeau, Investor Relations Manager. You may begin.Michael DeVeauThank you, operator, and thanks everyone for joining us this morning. With me on the call is our Chairman and CEO, Doug Tough, our Group President, Flavors, Hernan Vaisman, our Group President of Fragrances, Nicolas Mirzayantz and our Executive Vice President and CFO, Kevin Berryman.This call is being recorded and will be available for playback on our website. Please keep in mind that during this call, we may make forward-looking statements about the company's performance. These statements are based on how we see things today and may contain elements of uncertainty. For additional information concerning risk factors that can cause actual results to differ materially from forward-looking statements, I ask you to refer to the cautionary statements and risk factors contained in today's earnings release and IFF's filing with the FCC. Some of today's prepared remarks will exclude those items that affect comparability. These items are laid out in our non-GAAP reconciliation, which is also available under the Investor Relations section of our website.TheStreet Premium Services For Personal Service: 877-471-2967
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