EQS-News

Symrise sees successful start into the 2024 fiscal year - Seite 3

Symrise has already implemented a series of measures aimed at increasing profitability, including an efficiency program with strict company-wide cost management. Assuming that raw material costs remain largely stable, the company is anticipating an EBITDA margin of around 20 % in 2024. In the medium term, Symrise is aiming to achieve an EBITDA margin in the range of 20 % to 23 %. A Business free cash flow of around 12 % in relation to sales is targeted for 2024. The company is aiming for a figure of 14 % in the medium term.


2024 Financial Calendar
May 15 - Annual General Meeting
August 1 - Interim Group Report, January – June 2024
October 24 - Trading Update, January – September 2024

About Symrise: Symrise is a global supplier of fragrances, flavorings, cosmetic active ingredients and raw materials, as well as functional ingredients. Its clients include manufacturers of perfumes, cosmetics, food and beverages, the pharmaceutical industry and producers of nutritional supplements and pet food. Its sales of approximately € 4.7 billion in the 2023 fiscal year make Symrise a leading global provider. Headquartered in Holzminden, Germany, the Group is represented in more than 100 locations in Europe, Africa, the Middle East, Asia, the United States and Latin America. Symrise works with its clients to develop new ideas and market-ready concepts for products that form an indispensable part of everyday life. Economic success and corporate responsibility are inextricably linked as part of this process. Symrise – always inspiring more…

www.symrise.com
 

Media contact:	Investor contact:
Bernhard Kott	Tobias Erfurth
Tel.: [phone]	Tel.: [phone]
Email: [e-mail]	Email: [e-mail]
Social media:
twitter.com/symriseag	linkedin.com/company/symrise
youtube.com/agsymrise	xing.com/companies/symrise
instagram.com/symriseag	Blog: https://alwaysinspiringmore.com