International Flavors & Fragrances Inc (NYSE:IFF)
$ 101.33 -0.87 (-0.85%) Market Cap: 25.91 Bil Enterprise Value: 35.54 Bil PE Ratio: 0 PB Ratio: 1.82 GF Score: 70/100

Q4 2022 International Flavors & Fragrances Inc Earnings Call Transcript

Feb 09, 2023 / 02:00PM GMT
Release Date Price: $91.36 (-18.75%)
Operator

At this time, I would like to welcome everyone to the IFF Fourth Quarter and Full Year 2022 Earnings Conference Call (Operator Instructions). I would now like to introduce Michael DeVeau, Head of Investor Relations. You may begin.

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Franklin K. Clyburn
International Flavors & Fragrances Inc. - President of Nourish Division, CEO & Director

Good morning to everybody. I want to start today's call by recognizing our teams and the incredible work they've done throughout '22 to bolster IFF's industry leadership and also to continue delivering innovative solutions for our customers amid the challenging operating environment. As part of our Investor Day in December, we unveiled the next phase of our strategic transformation including our strategic priorities and a refreshed operating model that will better position IFF to drive long-term profitable growth and capitalize on the market opportunities ahead of us. The plan seeks to maximize our competitive advantage and ensure that we are operating as an even more innovative,

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