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Expects annual sales gain of 5-7%.
January 17, 2019
By: TOM BRANNA
Editor
Symrise AG announces its new long-term targets until 2025 for the first time at its Investors' Day in Charleston, SC. The company aims to increase its sales to €5.5-6 billion. This target is supposed to be achieved with an average annual organic sales growth (CAGR) of 5 to 7% and strategic acquisitions. During that period, profitability is planned to be further increased at a high level. From 2020 onward, Symrise intends to generate an EBITDA margin within the target corridor of 20 to 23%. ...
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