Symrise Posts 5.3% Q3 Growth as Naturals, Sweet and Consumer Fragrance Lead

The German supplier reported quarterly sales of €1.31 billion, up from €1.22 billion a year earlier, and reaffirmed its full-year outlook, although it expects growth to moderate in the fourth quarter.SymriseSymrise accelerated growth in the third quarter of 2026, with organic sales rising 5.3% on the back of stronger volumes across its Taste, Nutrition & Health and Scent & Care businesses. The German supplier reported quarterly sales of €1.31 billion, up from €1.22 billion a year earlier, and reaffirmed its full-year outlook, although it expects growth to moderate in the fourth quarter.

Taste, Nutrition & Health delivered 5.2% organic growth, led by its Food & Beverage division. Naturals posted double-digit growth, Sweet achieved high-single-digit gains and Savory recorded mid-single-digit growth. Beverages was a notable weak spot, declining at a low-single-digit rate against a strong prior-year comparison. Pet Food returned to growth, with low-single-digit gains supported by improved volumes in both Palatability and Pet Nutrition.

Scent & Care grew 5.6%, with Fragrance delivering mid-single-digit growth. Consumer Fragrance was particularly strong, advancing at a high-single-digit rate, while Fine Fragrance posted low-single-digit growth. Aroma Molecules also maintained momentum with high-single-digit growth, including double-digit gains in Menthol and mid-single-digit growth in Specialty Fragrance Ingredients.

Care & Wellness returned to positive territory with low-single-digit growth, supported by double-digit gains in Advanced Actives and Probiotics. However, UV Filters remained a significant drag, declining at a double-digit rate.

Regionally, Asia Pacific led with double-digit growth, followed by strong performance in Latin America and solid gains in North America. Europe, Africa and the Middle East recorded more moderate growth.

For the first nine months, group organic sales growth stood at 3.0%, with Taste, Nutrition & Health up 3.9% and Scent & Care up 1.8%, underscoring the stronger recent momentum in fragrance and flavors.

Symrise maintained its full-year 2026 targets of 2–4% organic sales growth, an adjusted EBITDA margin of 21.5–22.5% and an adjusted business free cash flow margin above 14%. Management expects full-year organic growth near the midpoint of its guidance range, but anticipates slower fourth-quarter growth as comparisons become more challenging. Profitability is also expected to land in the lower half of its margin target, reflecting continued investment in IT, innovation and talent.

The company cited strong customer project pipelines, resilient core markets and its One Sym transformation program—which targets commercial excellence, differentiated innovation, scale benefits and digitalization—as key supports for sustained growth and efficiency gains.