Content area

Full text

LATEST FINANCIAL ANNOUNCEMENT

Symrise AG (SYIEY)

Associate: Anne Ching

Q2 FY2025

07/30/2025 Corporate | Financial

  • Organic growth of 3.1% EBITDA margin of 21.7%, an increase of 100 basis points year-on-year
  • Identified recurring cost savings through efficiency improvements of €40m in 2025, €20m realized in H1 as part of the ONE SYM Transformation
  • Seeking strategic alternatives for terpene ingredients business
  • Appointed Michael Friede as Symrise Executive Board Member and President of the Scent & Care segment
  • Updating guidance to reflect the current global demand environment and execution of ONE Symrise Strategy:
  • Moderating 2025 organic growth to 3-5% from 5-7%
  • Increasing 2025 EBITDA margin to ~21.5% from ~21%

Symrise AG, a leading global supplier of fragrances and flavors, cosmetic ingredients as well as functional ingredients, continued to execute its ONE SYM Transformation, including advancing its profitable growth strategy in the first half of 2025. Despite the continued challenging global environment, Symrise delivered above-market organic sales growth and significantly improved its profitability through a focus on high-margin products and strong cost management.

For H1 2025, Symrise achieved organic sales growth of 3.1%. Taking into account portfolio and exchange rate effects, amounting to €91 million, reported revenue totalled €2,554 million. A healthy pipeline of sales opportunities and project vitality with selected customers in key markets offset tough year-on-year comparables.

Earnings before interest, taxes, depreciation and amortization of property, plant and equipment and intangible assets (EBITDA) amounted to €554 million, a 4.5% increase versus the prior year of €530 million. EBITDA margin increased to 21.7%, up 100 basis points versus the prior year of 20.7%, mainly attributable to Symrise’s focus on profitable sales and efficiency initiatives.

Jean-Yves Parisot, CEO of Symrise AG, commented, “Over the past year, we have successfully laid the groundwork of our multi-year ONE SYM Transformation and are now firmly entering the next phase of our journey. Building on the Design & Implementation phase, our focus is now on Activation to drive operational excellence, profitable growth, and shareholder value. While our Transformation is starting to gain momentum, as evidenced by our strong profitability performance, we are observing a shift in global market demand, with heightened consumer caution across certain sectors. Taking this into consideration, we feel it is prudent to moderate our organic sales guidance to...

Show less