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Markets :: Specialty Chemicals :: Flavors and fragrances
Symrise earnings rise, outlook confirmed
1:50 AM MDT | August 7, 2014 | Natasha Alperowicz
Fragrances and flavors group Symrise (Holzminden, Germany) today reported its financial results covering the first six months of the year with net income rising 17% to €109.1 million ($146 million). Sales were flat at €942 million. Ebitda before special items rose 9% to €209 million and Ebitda margin advanced to 22.2% compared with 20.5% in the first half of 2013. At the end of July, Symrise completed the acquisition of the Diana group, which has been consolidated as of that date. The acquisition is the largest in the company’s history...
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