Markets :: Specialty Chemicals :: Flavors and fragrances
Symrise posts 10% increase in sales, Ebitda
7:19 AM MST | November 5, 2013 | Michael Ravenscroft
Symrise (Holzminden, Germany) says it has increased Ebitda 10%, to €290.2 million ($392 million) in the first nine months of 2013. Group sales rose 10%, to €1.4 billion, and Ebitda margin increased to 20.7%. Net income rose 11%, to €139.9 million, compared with €125.9 million for the year-ago period. Earnings per share rose to €1.18 compared with €1.07 a year ago. The company says that growth in emerging markets exceeded that of the group as a whole, with sales up 11% in local currency. The share of sales generated in emerging...
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