Symrise

Taste, Nutrition & Health activities driving better-than-expected performance in H1

  • Sectors : Foods
  • Companies : Symrise

Ratings and price correct at time of issue.

  • Symrise

    Closing Price: 8908c

  • RATING 24/03/20

  • PREVIOUS RATING 15/01/19

    NEUTRAL

DAVY VIEW

Better-than-expected margin and sales delivery for Taste, Nutrition & Health (TNH) supported an EBITDA beat at group level in the period. Pet activities were back in Q2 but are expected to gradually improve through H2, while Scent & Care benefitted from a strong Q2 performance in Consumer Fragrance – helping to offset negative growth for Fine Fragrance. Cash conversion stepped up materially and provides confidence for full-year delivery. Overall, Symrise is on track to meet full-year expectations.

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Jul 30 2026, 08:09 IST/BST

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