International Flavors & Fragrances Inc. Q2 2010 Earnings Call Transcript
International Flavors & Fragrances Inc. (IFF)Q2 2010 Earnings CallAugust 5, 2010; 10:00 am ETExecutives Doug Tough - Chairman & Chief Executive Officer Nicolas Mirzayantz - Group President of Fragrances Hernan Vaisman - Group President of FlavorsKevin Berryman - Executive Vice President & Chief Financial Officer Analysts Mike Sison - KeyBancMark Astrachan - Stifel NicolausMimi Noel - Sidoti & CompanyJeffrey Zekauskas - JP MorganErik Sjogren - Morgan Stanley Richard O'Reilly - Standard & Poor'sJohn Roberts - Buckingham ResearchPresentation OperatorAt this time, I would like to welcome everyone to the International Flavors & Fragrances’ second 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. In order to give all participants an opportunity to ask their question, we request and 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 today is our Chairman and CEO, Doug Tough; our Group President of Fragrances, Nicolas Mirzayantz; our Group President of Flavors, Hernan Vaisman; and our Executive Vice President and CFO, Kevin Berryman.Please note that this call will be recorded and will be available for playback on our website. Please keep in mind that during this call, we may make some forward-looking statements about the company’s performance, particularly with respect to the second half of 2010. These statements are based on how we see things today and may contain some elements of uncertainty.
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