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Symrise Kicks Off 2016 With a High Q1

May 10th, 2016

Mino Zaccaro

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Symrise's latest sales results are nothing to complain about for the first quarter of the year. The company increased group sales by 10%. EBITDA without special items from the Pinova acquisition earlier this year increased by 6%, with an EBITDA margin of 21.7%. Further, Symrise reported significant growth in all regions, operating cash flow increase and a strong performance in fragrances and cosmetics with a high level of profitability.

Key notes are listed below:

Sales up by 14% at local currency
Growth in both of the company's segments
EBITDAN increase by 6%
Strong profitability with EBITDAN margin of 21.7%

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