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International Flavors & Fragrances Inc (IFF) Q4 2020 Earnings Call Transcript


Operator
This time, I would like to welcome everyone to the IFF Fourth Quarter and Full Year 2020 Earnings Conference Call. [Operator Instructions]
I would like to introduce Michael DeVeau, Head of Investor Relations. You may begin.
Michael DeVeau
Senior Vice President, Chief Investor Relations and Communications Officer
Thank you. Good morning, good afternoon and good evening, everyone. Welcome to IFF s Fourth Quarter and Full Year 2020 Conference Call. Yesterday evening, we issued a press release announcing our financial results and outlook for 2021. 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. I ask that you please take a moment to review our forward-looking statements. During the call, we re making forward-looking statements about the company s performance, particularly with regard to our outlook for the first quarter and full year 2021. These state ....

United States , Gunther Zechmann Bernstein , Lucas Meyer , Pj Juvekar Citi , Jeffrey Zekauskas Jpmorgan , Faiza Alwy , Lauren Lieberman Barclays , Michael Deveau , Matthew Deyoe , Lauren Lieberman , Gunther Zechmann , Ghansham Panjabi Baird , Andreas Fibig , Rustom Jilla , Jeffrey Zekauskas , Ghansham Panjabi , Pharma Solutions , Faiza Alwy Deutsche Bank Analyst , Deutsche Bank , Food Service , International Flavors Fragrances Inc , Matthew Deyoe Bank , Savory Solutions , Food Services , International Flavors , Fragrances Inc ,

IFF and DuPont Nutrition & Biosciences have merged. What's next?


This week, science and creativity officially met.
The $26.2 billion megamerger of International Flavors & Fragrances and DuPont Nutrition and Biosciences, officially completed on Feb. 1, solidifies IFF s place as one of the biggest players in the ingredients space. And the revamped company s brand identity, Where science and creativity meet, wraps up how IFF hopes to differentiate itself in the broader industry.
The merger brings together IFF s expertise in food flavors and fragrances and the former DuPont division s leading positions in probiotics, enzymes and food protection. The combined company has estimated 2020 pro forma revenue of more than $11 billion, and earnings before tax, interest, depreciation and amortization of approximately $2.5 billion, excluding synergies, according to a company statement. IFF says the combined company has leadership positions in taste, texture, scent, nutrition, enzymes, cultures, soy proteins and probiotics.  ....

New York , United States , Harris Williams , Howard Dorman , Brian Todd , Andreas Fibig , International Flavors Fragrances , Consumer Analysts Group Of New York , David Michael Co , International Flavors , Dupont Nutrition , Columbia Phytotechnology , David Michael , Ottens Flavors , Pevesa Biotech , Isoage Technologies , Consumer Analysts Group , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஹாரிஸ் வில்லியம்ஸ் , ஹோவர்ட் டோர்மன் , பிரையன் டாட் , சர்வதேச சுவைகள் வாசனை திரவியங்கள் , நுகர்வோர் ஆய்வாளர்கள் குழு ஆஃப் புதியது யார்க் , டேவிட் மைக்கேல் இணை , சர்வதேச சுவைகள் ,