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%
