Sep 05, 2019 / 06:15PM GMT
Lauren Rae Lieberman - Barclays Bank PLC, Research Division - MD & Senior Research Analyst
It's been a busy year for IFF since closing the acquisition of Frutarom. The acquisition itself clearly illustrates IFF's ambition to become a global leader in taste, scent and nutrition. But first comes the heavy lifting of integration and execution.
Today, we have CEO, Andreas Fibig; and CFO, Rich O'Leary, who will provide some perspective on the key questions that are top of mind for investors. We're obviously doing a little chat. So please do be ready with some questions if we end up having time.
Questions and Answers:
Lauren Rae Lieberman - Barclays Bank PLC, Research Division - MD & Senior Research AnalystSo with that, I wanted to just start with some kind of near-term questions to kind of get through that before we talk about strategy. So first, maybe just some of the pressure points on your business recently. So with Frutarom, can you just talk about just simply why Frutarom sales have decelerated from what was sort of a mid-single digit