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
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
September 2024
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
August 2024
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…
May 2024
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
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
March 2024
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…