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Flavor division leads way.
May 8, 2018
By: TOM BRANNA
Editor
Symrise AG reported a 7.5% organic increase in sales in the first quarter, driven by double-digit gains within the aroma molecule division. All segments benefited from good demand, according to the company. However, taking into account portfolio and exchange rate effects, sales in the first quarter were up 1.5% to €776.9 million (about $924 million at current exchange rates). Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to €155.8 million ($185 million). Due to...
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