Company News, Financial News

Symrise AG Records Organic Sales Growth of 11.3%

Profitability remains at a high level in 2022, with an earnings before interest, taxes, depreciation, and amortization (EBITDA) margin of around 21%.

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By: Lianna Albrizio

Associate Editor

Following a strong third quarter, Symrise AG is again raising its forecast for 2022 as a whole.    Despite the continuously challenging market environment, growth across all divisions was much stronger than expected, according to company officials. After nine months, Symrise recorded organic sales growth of 11.3% (Q3 2022, 13.6%). Taking into account portfolio effects such as acquisitions or divestments as well as currency translation effects, group sales in the first nine months of the ...

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