Artem Chubarov's questions to International Flavors & Fragrances Inc (IFF) leadership • Q4 2024
Question
Artem Chubarov asked for a sales breakdown by business within the Health & Biosciences segment and inquired about the future of these businesses, including potential for cross-utilization or portfolio review.
Answer
CEO Jon Erik Fyrwald did not provide a specific sales breakdown but affirmed that the Health & Biosciences business is on 'very solid ground,' having grown in line with benchmarks in 2024. He noted that the Health (probiotics) business is expected to see increased growth. Fyrwald expressed excitement about new areas like designed enzymatic biomaterials and the opportunity to leverage biotech capabilities to 'turbocharge' the Scent and Taste businesses, indicating a strong belief in the segment's long-term potential.