Markets :: Specialty Chemicals :: Flavors and fragrances
Symrise reports record results, targets increase in sales by €1 billion by 2020
8:05 AM MDT | March 12, 2013 | Natasha Alperowicz
Symrise (Holzminden, Germany), a flavors and fragrances producer, in 2012 achieved the highest sales and earnings in its history, the company announced today. Net income was 7% higher, at €158 million ($205.6 million), with sales rising 10%, to €1.74 billion. Ebitda, at €339 million, was 7% up on 2011. North America showed the most dynamic growth. Of the emerging markets, whose share of sales rose from 46% in 2011 to 48% last year, Latin America posted the strongest growth, the company says. Symrise remained highly profitable despite...
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