International Flavors & Fragrances' CEO Discusses Q4 2011 Results - Earnings Call Transcript

International Flavors & Fragrances (IFF)

Q4 2011 Earnings Call

February 09, 2012 10:00 am ET

Executives

Michael DeVeau -

Douglas D. Tough - Chairman and Chief Executive Officer

Hernan Vaisman - Group President of Flavors and Member Temporary Office of the Chief Executive Officer

Nicolas Mirzayantz - Group President of Fragrances and Member Temporary Office of the Chief Executive Officer

Kevin C. Berryman - Chief Financial Officer, Executive Vice President and Member Temporary Office of the Chief Executive Officer

Analysts

Mark S. Astrachan - Stifel, Nicolaus & Co., Inc., Research Division

Lauren R. Lieberman - Barclays Capital, Research Division

Asher Cronk - RBC Capital Markets, LLC, Research Division

Jeffrey J. Zekauskas - JP Morgan Chase & Co, Research Division

Michael J. Sison - KeyBanc Capital Markets Inc., Research Division

Erik Sjogren - Morgan Stanley, Research Division

Edward H. Yang - Oppenheimer & Co. Inc., Research Division

Presentation

Operator

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At this time, I would like to welcome everyone to the International Flavors & Fragrances Fourth Quarter and Full Year 2011 Earnings Conference Call. [Operator Instructions] I would now like to introduce Michael DeVeau, Investor Relations Manager. You may now begin.

Michael DeVeau

Thank you, operator, and good morning, everyone. With me on the call today are Doug Tough, our Chairman and CEO; Hernan Vaisman, our President of Flavors; Nicolas Mirzayantz, our President of Fragrances; and Kevin Berryman, our Executive Vice President and CFO. This call is being recorded and will be available for playback on our website.

Please keep in mind that during this call, we will be making forward-looking statements about the company's performance particularly with respect to the first quarter and full year of 2012. These statements are based on how we see things today and contain elements of uncertainty. For additional information concerning factors that can cause actual results to differ materially from forward-looking statements, I ask that you refer to the cautionary statements and risk factors contained in today's 8-K filings with the SEC as well as our 2010 10-K filed on February 24, 2011.