sur Symrise AG (ETR:SY1)
Symrise Reports Solid Q1 Growth and Confirms Year-End Targets
Symrise AG announced a 4.2% organic growth in Q1 2025, with sales reaching €1.317 billion, showcasing the strength of its diverse portfolio. CEO Dr. Jean-Yves Parisot emphasized the company's ability to maintain profitable growth despite economic uncertainties. The "ONE Symrise" strategy, focusing on innovation and aligned business operations, is central to their progress.
In the Taste, Nutrition & Health segment, driven by flavors and natural ingredients, sales rose to €799 million, achieving 5.9% organic growth. Beverage applications saw double-digit growth, boosted by demand in Europe, Africa, the Middle East, and Asia/Pacific.
The Scent & Care segment recorded a 1.7% growth, with fragrances showing robust gains, particularly in Latin America and Asia/Pacific. Despite a slight decrease in cosmetic ingredients, the division remains strong strategically.
The company reaffirmed its 2025 and 2028 targets, projecting 5-7% organic growth and a consistent EBITDA margin, supported by continuous strategic execution.
R. H.
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