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December 2024
Taste, Nutrition & Health | Corporate December 12, 2024
If sustainability had a scent … what would it smell like? Symrise attends Europe’s 1st climate adaptation conference THE SHIFT
‒ Presentation highlights importance in addressing mitigation AND adaptation to climate changes
‒ Showcases collaborative projects with local stakeholders supporting farmers’ resilience
‒ Review of Symrise best practices and exploration of the conceptual scent of climate adaptation
Taste, Nutrition & Health | Corporate December 10, 2024
Symrise unveils Symvision AI™ – an AI-based multisource prediction tool for flavors, ingredients and claims
‒ Trend prediction using AI supports product development of food and beverages
‒ Artificial intelligence uses multiple data sources to identify market opportunities
‒ Manifests Symrise's pioneering role in innovative taste, nutrition and health solutions
November 2024
Corporate | Financial November 20, 2024
Unleashing the full beauty of ONE Symrise, being and staying unique
‒ ONE Symrise strategy to sustain continuous growth and increased focus on profitability
‒ Outlook upgraded for 2024: organic growth is now expected above 7% and EBITDA margin above 20%
‒ Long-term targets for 2028: organic sales growth at 5-7% CAGR (unchanged), EBITDA margin range specified to 21-23% (from 20-23% previously)
Corporate | Financial November 20, 2024
Symrise has today announced a cash offer to the shareholders of Probi
‒ Symrise has announced a public offer to the shareholders of Probi AB (publ). The shares in Probi are traded on Nasdaq Stockholm, Mid Cap.
‒ Symrise is Probi’s largest shareholder representing approximately 69.7 per cent of the outstanding capital and votes.
October 2024
Taste, Nutrition & Health | Corporate October 30, 2024
Symrise exhibits at Gulfood Manufacturing 2024 with taste, nutrition and health food and beverages tailored to four regional personas
‒ Decoding of consumers & their key need states with innovation platform on the booth
‒ Live interaction with Symvision AI™, the award-winning flavor, ingredient & claim prediction tool
‒ Cross-functional team to explain product design aligned to consumer lifestyle, taste, nutrition & health needs
‒ All product concepts validated with personas, ensuring efficient…
Taste, Nutrition & Health | Corporate October 29, 2024
Symrise implements regenerative agriculture projects to support sustainable goals’ achievements
‒ Commitment to addressing climate change through regenerative farming practices
‒ Collaborative field projects with local stakeholders supporting farmers’ resilience
‒ Sustainability KPIs to measure impact and support F&B manufacturers’ sustainability goals
‒ Webinar to learn how to harness the power of regenerative agriculture
Corporate | Financial October 24, 2024
Symrise continues strong profitable growth course
‒ Group sales up 11.1% (organic) to €3,824 million in the first nine months, up 10.2% in the third quarter
‒ Both segments, Taste, Nutrition & Health and Scent & Care, achieved double digit growth
‒ Organic sales target expected to be around 7% for the full year 2024
Taste, Nutrition & Health | Corporate October 18, 2024
Symrise launches active lifestyle solution and gut health innovations at SupplySide West
‒ Concepts on display to support mobility and joints, healthy gut function
‒ Highlight on answering consumer needs by introducing Chondractiv™ Plus in North America
‒ Sustainable 3-in-1 hydrolyzed solution from chicken to support joint health backed by science
‒ Health active solutions from nature with natural ingredients, taste balancing and taste solutions
Scent & Care | Corporate October 2, 2024
Symrise opens Scent & Care office in Barcelona, enhancing its leadership in quality, collaboration and innovation
− Creative hub in a central location supports side-by-side innovation with customers
− New office provides a platform on which to build pioneering, tailored solutions
− Large space reflects rapid growth of Scent & Care in today’s cosmetic ingredients market
September 2024
Taste, Nutrition & Health | Scent & Care | Corporate September 26, 2024
150 shades of innovation: Synthetic menthol celebrates its 50th birthday
‒ Milestone for the development of oral care and refreshing products
‒ Nearly waste-free circular process with a pioneering role for sustainable production & efficiency
‒ Role model for green innovations incorporating consumer trends
Taste, Nutrition & Health | Corporate September 20, 2024
Symrise and Shan Foods inaugurate a state-of-the-art international standard production facility for its strategic partnership in Pakistan
– Ensures speed to market with the established local manufacturing footprint to Symrise key customers
– To harness authentic and “hyperlocal” Pakistani flavours by embedding sustainability aspects
– Collaboration with Shan Foods for innovation through creation & application excellence, delivering the future
of taste, nutrition & health to consumers
Scent & Care | Corporate September 17, 2024
Symrise Cosmetic Ingredients inaugurates manufacturing facility in Chennai, India
— To produce ingredients for the Micro Protection, Actives and Botanicals business units
— Multi-functional facility designed to drive quality and operational efficiency
— Key addition to global manufacturing portfolio to support expansion plans and regional growth
Taste, Nutrition & Health | Corporate | Financial September 12, 2024
Executive Board of Symrise AG reorganized
— Walter Ribeiro appointed Board Member for the Taste, Nutrition & Health segment
— Jörn Andreas leaves Symrise at his own request and on the best of terms
— Jean-Yves Parisot takes over as interim head of the Scent & Care segment
Taste, Nutrition & Health | Corporate September 3, 2024
Symrise future-proofs the natural ingredients supply chain with sustainable sourcing approach
‒ Secure sourcing of natural ingredients for food and beverages
‒ Implementation of innovative sourcing strategies based on long-term risk assessment
‒ Demonstrates transparency & environmental responsibility with measurable sustainability KPIs
August 2024
Taste, Nutrition & Health | Corporate August 21, 2024
Symrise completes Jinqiao F&B powder blending facility expansion and boosts production capacity and efficiency
‒ Boost of production efficiency and capacity for optimized output
‒ F&B powder blender installation to streamline manufacturing processes
‒ Leading position in innovation, and operational excellence strengthened
Taste, Nutrition & Health | Corporate August 16, 2024
Symrise expands Sales and R&D hub in Beijing to boost food & beverage innovation and market reach in North China
‒ Enhanced R&D capabilities for food & beverage taste solutions and improved speed in the region
‒ 800 sqm facility with advanced labs for beverage, dairy, culinary, and snack applications, alongside modern office spaces to serve the fast-evolving market
‒ Positioned to increase Food & Beverage’s market share and lab space in the country
Corporate | Financial August 1, 2024
Symrise on a profitable growth course in a challenging environment
— Group sales increase by 6.3 % to € 2,565 million; organic growth of 11.5 %
— EBITDA margin of 20.7 % significantly higher than the previous year
— Higher profitability due to strict cost management
— Business free cash flow more than doubled to € 226 million
— Symrise confirms outlook: Growth target for 2024 confirmed at 5 to 7 % (organic); EBITDA margin of…
July 2024
Corporate July 26, 2024
Symrise opens its Digital Immersion Co-Creation Center – pioneering the future of innovation
– Significant investment in a Digital Immersion Co-Creation Center in Singapore
– High-tech facility blending market and consumer as well as sensory insights with cutting-edge technology
– To drive end-to-end innovation with customers and industry partners from Q3 2024 onwards.
Corporate | Sustainability July 25, 2024
Symrise wins sustainability award from Natura & Co for outstanding "Commitment to Life"
‒ The Scent & Care Segment continues to lead the way in sustainable sourcing and responsible partnerships in the cosmetics industry
‒ Bridging the Gap initiative in Madagascar recognized for strengthening relationships with supplier communities
‒ Win marks the second Commitment to Life award for Symrise, following its success in 2021
Scent & Care | Corporate July 8, 2024
Symrise celebrates 150 shades of innovation with the milestone sun protection
‒ Pioneering role in sun protection filters since 1938
‒ First modern sun protection ingredient on a natural basis
‒ Innovation concept successful across functions and regions
June 2024
Scent & Care | Corporate June 25, 2024
Symrise introduces SymDeo PMD green, a naturally derived deodorizing ingredient for strong body odor protection
— 100% biobased ester technology with a natural origin index of 1 according to ISO 16128
— Pure ingredient with excellent performance against odor-causing bacteria and additional antifungal effects
— Suitable for a wide range of cosmetic odor-protection applications, concepts, and formats
Scent & Care | Corporate June 25, 2024
Symrise presents innovative fragrance ingredients at World Perfumery Congress
— Neomagnolan improves fragrance transparency
— Launch of the Iconoclast series, FROSTWOOD™ and AMBRONOVA™
— Symrise Fine Fragrance presents innovations in its own exhibition suite
Scent & Care | Corporate June 20, 2024
Free from synthetic polymers: Symrise develops natural ingredient from sugar beet for hair care products
— SymFeel Quat Green® – a plant-based alternative to polyquaterniums
— By-product from the sugar industry cares for skin and hair
— Readily biodegradable ingredient
Scent & Care | Corporate June 13, 2024
Symrise launches SymSol® ProSun, an innovative ingredient for sun protection
– Ingredient facilitates development of high sun protection factor products with crystalline UV filters
– Imparts sun and skin care formulations with a pleasant skin feeling
– Eases the use of mineral pigments in sun care and make-up products
Taste, Nutrition & Health | Scent & Care | Corporate June 6, 2024
Symrise Nigeria launches upgraded application labs, identifies Nigeria as pathway to growth in the region
– Expansion of application space in the Nigerian capital
– Increases service for and understanding of the market
– Strengthening of local presence in strategic growth region
Taste, Nutrition & Health | Corporate June 3, 2024
Symrise showcases taste solutions and innovation strategies for alternative proteins at Bridge2Food Summit Europe
– Taste solutions for alternative proteins and plant-based culinary & dairy on display
– Valuable insights into efficiently mastering plant-protein challenges and developing innovative processing technologies
– Close connect with industry innovators, partners, and a highlight on capabilities in taste, nutrition and health
May 2024
Scent & Care | Corporate May 21, 2024
Symrise presents new fragrance technologies SuperBloom® and SymAqua® at Detex 2024
— Middle East home care industry meets at trade show in Jordan
— New detergent fragrances powered by SuperBloom® provide intense freshness
— SymAqua® offers a convenient, water-based & long-lasting air freshener solution
Corporate | Financial May 15, 2024
New Symrise CEO Parisot looks optimistic into 2024 at the Annual General Meeting
– Dr. Jean-Yves Parisot welcomes shareholders to the townhall Holzminden for the first time in his new role
– CEO presents stable financial figures for past financial year
– Holzminden-based Group closes first quarter of 2024 with very good sales growth
April 2024
Corporate | Financial April 25, 2024
Symrise sees successful start into the 2024 fiscal year
— Organic growth of 10.9 %
— Sales growth of 5.0 % in reporting currency
— Group sales increase to € 1.3 billion in the first quarter
— 2024 targets and long-term targets through to 2028 confirmed
Taste, Nutrition & Health | Corporate April 24, 2024
Symrise introduces health active solutions and concepts at Vitafoods Europe 2024
– Six concepts to address gut health, immunity, healthy aging, and metabolic health
– New prune juice concentrate for a digestive solution with clinical study and new coconut water powder to support an active lifestyle
– Response to consumer needs with health active solutions sourced from nature and backed by science
Corporate | Financial | Sustainability April 11, 2024
Responsibility is in our nature: key milestones achieved on our pathway to net-zero
— Share of strategic biological raw materials from sustainable sources increased to 95 percent
— Sustainability risk assessment of all suppliers
— Water consumption at dry locations reduced by more than 30 percent
Scent & Care | Corporate April 10, 2024
Symrise launches Flowerconcentrole®, a range of sustainably sourced olfactive flower extracts with a well-being boost
– Proven to target relaxation, joy, and other positive emotions for a mood-friendly sensory experience
– Easy to formulate and use while masking the smell of many formula bases and providing antimicrobial properties
– 100% of natural origin from sustainably sourced ingredients, in line with consumers’ clean beauty expectations
Taste, Nutrition & Health | Corporate | Sustainability April 8, 2024
Launched 150 years ago: Symrise proclaims World Vanilla Day
– Patent for the synthetic production of vanillin as the starting point
– Action day celebrates milestone and the start of the modern flavor industry
– Twelve-month campaign celebrates Symrise innovations
Taste, Nutrition & Health April 5, 2024
Symrise helps in Madagascar after Cyclone Gamane
– Rapid assistance for employees and partner farmers
– All Symrise facilities intact and operational
– Long-standing programs and initiatives support current activities
March 2024
Scent & Care | Corporate March 28, 2024
Symrise AG and Virchow Group announce a joint venture dedicated to manufacturing personal care ingredients in India
— Helps enable strategic growth ambitions for portfolio of market-leading cosmetic active ingredients
— Facility in Visakhapatnam, India, to expand in the coming years
— Production of world-scale volume of beauty ingredients, serving the APAC region and beyond
Taste, Nutrition & Health | Corporate March 26, 2024
Symrise reveals new edition of trendscope™ to decode current consumer trends in food and beverages for 2024 and beyond
— Combination of qualitative and quantitative research methods
— Natural, healthy and climate-friendly products as driving forces
— Important basis for the development of market relevant innovation in taste, nutrition and health
Scent & Care | Corporate March 18, 2024
Symrise launches Savelite® HB, a highly versatile multifunctional ingredient for protecting cosmetic formulations
— Protects from oxidation, microorganisms and offers moisturization
— A readily biodegradable ingredient
— Innovative technology reshapes the field of product protection
Corporate | Financial | Sustainability March 12, 2024
Supply chain rating: Symrise recognized for climate protection in its supply chain
— Non-profit organization CDP awards the company a top A grade
— Holzminden-based Group secures place on the Supplier Engagement Leaderboard
— Symrise is among the top 450 companies in the rating
Corporate | Financial March 6, 2024
Symrise again raises sales significantly in 2023
— Group sales increase by 2.4 % to € 4,730 million (2022: € 4,618 million); organic growth of 7.9 %
— Adjusted EBITDA of € 903 million slightly below previous year’s figure (2022: € 922 million)
— Adjusted EBITDA margin of 19.1 %
— Symrise plans 14th consecutive dividend increase
— Symrise reaffirms long-term profitable growth course
— Company ideally…
February 2024
Corporate | Financial February 29, 2024
Dr Jean-Yves Parisot assumes CEO position from Dr Heinz-Jürgen Bertram
— Tenure of Dr Heinz-Jürgen Bertram ends after 15 successful years as CEO
— Dr Jean-Yves Parisot, an internationally experienced executive from within the company, takes over
— Trustful and smooth transition until end of March 2024 ensured
Corporate | Financial | Sustainability February 6, 2024
Sustainability rating 2023: Symrise gets top marks for climate, water and forest protection
— Non-profit organization CDP reviewed 21,000 companies worldwide
— “A” ratings for climate, water and forest protection
January 2024
Corporate | Financial January 17, 2024
Extended investigations in the ongoing antitrust proceedings in the UK do not cover Symrise
In a press release issued today, the UK Competition and Markets Authority (CMA) announced that it has identified a further line of investigation in the ongoing cartel proceedings concerning illegal agreements in the fragrance industry. These agreements extend to the poaching of employees.
Symrise is expressly excluded from these further investigations. Even if this…
Taste, Nutrition & Health | Corporate January 9, 2024
Symrise offers citrus taste solutions with augmented sustainability to strengthen security of supply
– Improved sustainable solutions to supplement traditional citrus ingredients
– Practical, sustainable, and economically sound alternatives
– Delivers authentic tailored taste profiles while improving security of supply