International Flavors & Fragrances Inc. (IFF) CEO Frank Clyburn on Q1 2022 results - Earnings Call Transcript

International Flavors & Fragrances Inc. (NYSE:IFF) Q1 2022 Earnings Conference Call May 10, 2022 9:00 AM ET

Company Participants

Michael DeVeau - Senior Vice President, Chief Investor Relations and Communications Officer

Frank Clyburn - Chief Executive Officer

Glenn Richter - Executive Vice President and Chief Financial Officer

Conference Call Participants

Gunther Zechmann - Sanford C. Bernstein & Co., LLC

Ghansham Panjabi - Robert W. Baird & Co.

Jonathan Feeney - Consumer Edge Research

Mark Astrachan - Stifel Nicolaus

Heidi Vesterinen - Exane BNP Paribas

John Roberts - Credit Suisse AG

Matthew DeYoe - Bank of America Merrill Lynch

Michael Sison - Wells Fargo Securities, LLC

Lisa De Neve - Morgan Stanley

David Begleiter - Deutsche Bank AG

Lauren Lieberman - Barclays Bank PLC

Jeffrey Zekauskas - JPMorgan Chase & Co.

Joshua Spector - UBS

Christopher Parkinson - Mizuho Securities USA LLC

Andrew Keches - Barclays Bank PLC

Operator

At this time, I would like to welcome everyone to the IFF First Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode until the formal question-and-answer portion of the call. [Operator Instructions] Participants will be announced by their name and Company. In order to give all participants an opportunity to ask their questions, we request a limit of one question per person.

I would now like to introduce Michael DeVeau, Head of Investor Relations. You may begin.

Michael DeVeau

Thank you. Good morning, good afternoon and good evening, everyone. Welcome to IFF's first quarter 2022 conference call. Yesterday evening, we distributed a press release announcing our financial results. A copy of the release can be found on our IR website at ir.iff.com. Please note that this call is being recorded live and will be available for replay.

Please take a moment to review our forward-looking statements. During the call, we'll be making forward-looking statements about the Company's performance particularly with regard to our outlook for the second quarter and full-year 2022. These statements are based on how we see things today and contain elements of uncertainty. For additional information concerning the factors that can cause actual results to differ materially from forward-looking statements, please refer to our cautionary statement and risk factors contained in our 10-K filed on February 28, 2022 and in our press release, all of which are on our website.