Symrise starts 2008 financial year successfully
> Sales and earnings 6 per cent higher
> Positive outlook for the full year
Symrise AG made a successful start to the new 2008 financial year despite a considerably more difficult economic environment: sales in the 1st quarter increased from EUR 331.2 million to EUR 338 million, an increase of 2.0%. On a local currency basis, this represents growth over the same quarter the previous year of 6.4 per cent.
Symrise sets sales and earnings records
> Sales growth of 6.2 percent in local currencies
> EBITDA margin more than 21 percent
> Dividend of 50 cents per share proposed
> 4th quarter sales growth 3.5% in local currencies,
very strong start in 2008
> Optimistic outlook for the 2008 financial year
maintain 5-6 percent sales growth target
> Proposed acquisition of the flavor business
from Chr. Hansen
Strong Performance in Q3 2007
positive Outlook for 2007
> Growth rates double those of the overall market:
sales up by 4.7%
(adjusted for currency fluctuations 6.9%)
> Double-digit sales growth in emerging markets
> More than proportionate rise in profits:
EBITDA reaches 219 million (+14%),
EBIT 161 million (+22%)
> EBITDA margin above 22%
> Optimistic outlook for 2007 overall
Good performance in the first six months of 2007
> Sales growth in local currencies:
+6.8% (based on current exchange rates +4.5%)
> Share of emerging markets in overall sales
at nearly 40%
> More than proportional rise in EBITDA to
143.8 million (EBITDA margin 21.8%)
> Two Scent & Care AND products awarded prizes
for innovation
Symrise off to a successful start in fiscal year 2007
> Sales growth: 5.3% (at constant exchange rates: 8.9%)
> EBITDA: 73.5 million
> Net income for the period: 29.2 million
> Net debt: 619.1 million
Symrise AG generated record sales and earnings in the 2006 financial year and improved its profitability.
> Sales up by 7 %
> Operative EBITDA up by 26 %
> Restructuring complete
> IPO successful
