International Flavors & Fragrances Inc (STU:IFF)
€ 68.98 -2.74 (-3.82%) Market Cap: 17.70 Bil Enterprise Value: 22.88 Bil PE Ratio: 24.14 PB Ratio: 1.43 GF Score: 64/100

International Flavors & Fragrances Inc at Consumer Analyst Group of New York (CAGNY) Conference Transcript

Feb 19, 2026 / 06:00PM GMT
Release Date Price: €69.48 (-1.39%)
Unidentified Company Representative

Good afternoon, everyone. We're excited to welcome International Flavors and Fragrances back to CAGNY, especially Chief Financial Officer, Michael DeVeau, who is representing his team that includes CEO, Erik Fyrwald, who's celebrating his daughter's wedding and several business unit heads who are here with us today. We're very lucky to have them. Please join me in thanking IFF for sponsoring dinner tonight, which looks absolutely spectacular. For decades, IFF's products and systems have added critical value to many of the presenters here this week and many consumer companies all around the world.

In one year on the job, Michael and his team have taken equally critical steps to rejuvenate the shareholder value machine. They've repaired the balance sheet and executed a disciplined capital allocation strategy, including portfolio optimization through divestitures. More importantly, they're driving productivity by implementing a new operating model and key process transformation proven principles that are already working for IFF. Michael, welcome. Thank you and take it away.

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