International Flavors & Fragrances, Inc. (IFF) CEO Andreas Fibig on Q2 2019 Results - Earnings Call Transcript

International Flavors & Fragrances, Inc. (NYSE:IFF) Q2 2019 Earnings Conference Call August 6, 2019 10:00 AM ET

Company Participants

Michael DeVeau - Head of Investor Relations
Andreas Fibig - Chairman and Chief Executive Officer
Richard O'Leary - Executive Vice President and Chief Financial and Officer

Conference Call Participants

Mark Astrachan - Stifel
Mike Sison - KeyBanc
Adam Samuelson - Goldman Sachs
Heidi Vesterinen - Exane BNP Paribas
John Roberts - UBS
Alexandra Thrum - Morgan Stanley
Jeff Zekauskas - JPMorgan
Brett Hundley - Seaport Global

Operator

At this time, I would like to welcome everyone to the IFF Second Quarter 2019 Earnings Conference Call. [Operator Instructions]

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 second quarter 2019 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 the outlook for our third quarter, second half and full year 2019. 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 26, 2019, and our press release that we filed yesterday.

Today's presentation will include non-GAAP financial measures, which exclude those items that we believe affect comparability. A reconciliation of these non-GAAP financial measures to their respective