STOCKS NEWS EUROPE-Symrise gain after quarterly results
Shares in German scent and food flavours firm Symrise (SY1G.DE) rise 1.3 percent, one of only five gainers in Frankfurt's midcap index .MDAXI, after the company reports above-forecast third-quarter earnings.
"Symrise reported 3Q09 results which are generally slightly better than we and the market had expected," BHF Bank analyst Annett Weber writes, keeping a "buy" rating on the stock.
Symrise says third-quarter earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 5 percent to 72.2 million euros ($106.5 million), above the 65 million euros expected by analysts in a Reuters poll. For more double click on [ID:nL4141697]
Reuters Messaging rm://christoph.steitz.reuters.com@reuters.net ($1=.6782 Euro)
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