on Symrise AG (isin : DE000SYM9999)
Symrise Increases Dividend and Confirms Growth Targets
Symrise AG has announced a proposed dividend increase to €1.20 per share, up from €1.10 in 2023, marking the 15th consecutive rise. This is aligned with their strong performance, reporting a 5.7% sales increase to €4,999 million and significant profit growth.
CEO Dr. Jean-Yves Parisot highlighted Symrise's strategy, leveraging growth, efficiency, and portfolio optimization to outperform the market within challenging conditions. The company confirms its growth targets of 5-7% and anticipates an EBITDA margin of around 21% by 2025.
The Executive Board extended Dr. Stephanie Cossmann's contract, emphasizing continuity in leadership. Symrise's Annual Report, themed "Creating ONE Symrise," details sustainable initiatives and new reporting standards following the Corporate Sustainability Reporting Directive. The company aims to maintain its industry leadership with strong performance and innovation.
R. E.
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