International Flavors & Fragrances Inc at Barclays Global Consumer Staples Conference (Virtual) Transcript
So since the last time IFF participated in our conference 2 years ago, it has become almost an entirely different company, now having merged with DuPont's Nutrition & Biosciences division. We're pleased to welcome back Chairman and CEO, Andreas Fibig; and welcome to the stage, Nicolas Mirzayantz, who have known for over a decade as the leader of the company's Fragrance business, but now takes on the new role of President of IFF's Nourish division, which accounts for more than half of the new company sales.
The format of this meeting is going to be a Q&A with me. So I'm going to get that conversation started. And Andreas, I'm going to go to you first with some closer-end questions. So you had mentioned on your August earnings call that you've seen a strong start in July. And now we're 2 months into the quarter, so I was curious if you could provide an update on the legacy IFF business, which saw double-digit growth last quarter. And then also on legacy N&B, which I believe had a more moderate
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