Explore news and press releases from across our business and keep up to date with the latest developments at Symrise

Below you’ll find press releases covering our financial news. For the latest on our products, solutions and business units, including insights into the latest trends, please go to our Newsroom.

January 2019

Gold for Symrise

Corporate | Financial January 17, 2019

Symrise updates long-term targets and aims to further expand its business until 2025

— Target corridor of 5 to 7 % for average annual sales growth (CAGR)

— Increased profitability with EBITDA margin in the range of 20 to 23 % from 2020 onward

— Continuation of successful strategy

— Expansion of portfolio and sharpening the product mix: focus on high-margin applications

— Updated targets for sustainability balance planned.

 

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Corporate | Financial January 31, 2019

Symrise strengthens Pet Food activities and expands US footprint with acquisition of ADF/IDF

— ADF/IDF is a leading meat and egg-based protein specialist and pioneer in all

natural nutrition ingredients generating annual sales of $ 220 million

— The nutrition and taste solutions to the pet food and food segments are highly

complementary to Symrise offerings

— A perfect fit in terms of culture and...

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Ad-Hoc January 31, 2019

 

Symrise AG: Mergers & Acquisitions: Signing of agreement to acquire International Dehydrated Foods, Inc., American Dehydrated Foods, Inc. as well as IsoNova Technologies LLC

 

Symrise AG / Key word(s): Mergers & Acquisitions/ExpansionSymrise AG: Mergers & Acquisitions: Signing

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February 2019

Ad-Hoc February 7, 2019

 

Symrise AG: Capital increase against cash contributions by way of an accelerated bookbuilding process

 

Symrise AG / Key word(s): Capital Increase/Mergers & AcquisitionsSymrise AG: Capital increase against

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Ad-Hoc February 8, 2019

 

Symrise AG: Symrise sets placement price of new shares - 5,614,036 shares successfully placed.

 

Symrise AG / Key word(s): Capital IncreaseSymrise AG: Symrise sets placement price of new shares - 5,614,036

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Corporate | Financial February 8, 2019

Symrise successfully completes capital increase

— Strong investor demand

— 5.614 million new shares placed

— Gross proceeds amount of € 400 million

— First refinancing element for acquisition of US company ADF/IDF completed

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Protecting climate, water and forests

Scent and Care | Corporate | Financial February 22, 2019

Protecting climate, water and forests: Symrise again rated well

— Nonprofit organization CDP awards Symrise A- and B grades

— Symrise is one of the most sustainable companies in its industry

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March 2019

Corporate | Financial March 13, 2019

Symrise successfully continues profitable growth course in 2018

— Strong organic sales growth of 8.8 %

— Sales increase of 5.3 % to € 3,154 million (reporting currency)

— Solid earnings with EBITDA at € 631million and EBITDA margin at 20.0 %

— Net income increases to over € 275 million

— Dividend increase to € 0.90 per share proposed

 

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April 2019

Ad-Hoc April 26, 2019

 

Symrise AG: New Chairman of Supervisory Board

 

Symrise AG / Key word(s): PersonnelSymrise AG: New Chairman of Supervisory Board26-Apr-2019 / 08:55 CET/CESTDisclosure

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Quarterly Statement January-March 2019

Corporate | Financial April 30, 2019

Symrise posts strong growth of 9.3 % in the first quarter

— Group sales rise to € 848.8 million

— Organic growth, adjusted for exchange rate effects, of 8.2 %

— Company reaffirms 2019 guidance and long-term targets until the end of 2025

 

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May 2019

Cutech

Corporate | Financial May 6, 2019

Symrise acquires Italian biotech company Cutech

— Adds competitive edge in bio-analytical methods

— Expands R&D capacities for the efficacy testing of cosmetic ingredients

— Accelerates the development of active ingredients based on predictive ex vivo models

— Unique pre-clinical screening services provided to the cosmetic industry

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Califormulations

Corporate | Financial May 8, 2019

Symrise announces Califormulations, LLC: A unique platform to foster beverage innovation

— End-to-end beverage concepts for the North American market

— A new 100,000 sq ft innovation campus located in Georgia

— Integrated access to Symrise locations

— Focused innovation with high degree of agility and flexibility

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Symrise 3 flags

Corporate | Financial May 23, 2019

Symrise completes € 500 million bond placement

— Successful placement underscores investors' trust in corporate strategy and financial strength

— Bond issue, with a maturity of 6.5 years, was heavily oversubscribed

— 1.25 % coupon

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August 2019

Ad-Hoc August 7, 2019

 

Symrise AG: Dr Winfried Steeger - new Chairman of the Supervisory Board

 

Symrise AG / Key word(s): PersonnelSymrise AG: Dr Winfried Steeger - new Chairman of the Supervisory

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Corporate | Financial August 7, 2019

Dr. Winfried Steeger has been elected as new Chairman of the Symrise Supervisory Board

— Dr. Winfried Steeger succeeds Dr. Thomas Rabe, who is resigning as Chairman of the Supervisory Board at his own request effective 7 August 2019

— Dr. Steeger is a member of the Supervisory Board of Symrise AG since 2012 and has many years of leadership experience and recognized expertise

 

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H1 2019 Report

Corporate | Financial August 8, 2019

Symrise achieves strong revenue growth of 7.4 % in the first half of the year

— Profitability at good level with an EBITDA(N) margin of 20.8 %

— Outlook 2019 specified: Normalized EBITDA margin expected to be around 21 %

— Growth target for the full year and long-term goals for 2025 confirmed

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Tobias Erfurth

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Bettina Lange

Assistant Investor Relations

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Sep 1, 2017

Symrise Again Certified as a “Green Company”

DQS CFS GmbH, the German Association for Sustainability, has again certified