on Symrise AG (isin : DE000SYM9999)
Symrise Reports Continued Profitable Growth in 2024
Symrise AG has announced strong growth figures for the first nine months of 2024, with organic sales increasing by 11.1% to €3,824 million. The third quarter saw a 10.2% organic sales rise. Despite challenging economic conditions and adverse exchange rate effects, the company maintains a positive growth trajectory, expecting a 7% organic sales increase by year-end.
The Taste, Nutrition & Health segment saw a 10.4% rise, supported strongly by Food & Beverage and Pet Food divisions. Meanwhile, the Scent & Care segment recorded a 12.2% growth, driven by Consumer Fragrance and Aroma Molecules.
Regional performance was led by Latin America with 27.4% growth, followed by Asia/Pacific and EAME. Symrise's robust portfolio and international presence provide confidence despite geopolitical and inflationary pressures.
R. H.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Symrise AG news