Symrise

Reassuring Q3 update

  • Sectors : Foods
  • Companies : Symrise

Ratings and price correct at time of issue.

  • Symrise

    Closing Price: 9052c

  • RATING 24/03/20

  • PREVIOUS RATING 15/01/19

    NEUTRAL

DAVY VIEW

Symrise has delivered a positive Q3 update with 6.4% organic sales growth. Volume growth was positive in the quarter, with key segments such as Fine Fragrance, Consumer Fragrance and Pet Food all contributing to the result. FY23 guidance was reiterated – the business is well positioned into 2024. We reiterate our ‘Outperform’ call.

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Oct 25 2023, 08:00 IST/BST

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