Symrise

Lower Q2 organic sales growth offset by margin; outlook revised

  • Sectors : Foods
  • Companies : Symrise

Ratings and price correct at time of issue.

  • Symrise

    Closing Price: 8600c

  • RATING 24/03/20

  • PREVIOUS RATING 15/01/19

    NEUTRAL

DAVY VIEW

Symrise’s Q2 organic sales of +2.0% were lower than expected with a flat volume out-turn in its Taste, Nutrition and Health business, driven by Pet Food activities. Better-than-expected margin compensated for the organic sales growth shortfall in H1. Full year organic sales growth has been revised lower, which will disappoint and reflects market conditions, with margin targets raised. A conference call will take place at 13:00 CET.

Download full report with analyst certification and important disclosures

Jul 30 2025, 08:27 IST/BST

Download