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Symrise AG (SY1G.DE)

SY1G.DE on Xetra

88.18EUR
9:22am BST
Change (% chg)

€-0.10 (-0.11%)
Prev Close
€88.28
Open
€88.68
Day's High
€89.12
Day's Low
€88.16
Volume
24,641
Avg. Vol
260,702
52-wk High
€89.58
52-wk Low
€64.16

Latest Key Developments (Source: Significant Developments)

Symrise Acquires Italian Biotech Company Cutech
Monday, 6 May 2019 

May 6 (Reuters) - Symrise AG ::DGAP-NEWS: SYMRISE ACQUIRES ITALIAN BIOTECH COMPANY CUTECH.  Full Article

Symrise Q1 Sales Rise By 9.3 Pct To 848.8 Mln Eur
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Symrise AG ::DGAP-NEWS: SYMRISE POSTS STRONG GROWTH OF 9.3 % IN THE FIRST QUARTER.Q1 SALES ROSE 9.3 PERCENT TO 848.8 MILLION EUR.SYMRISE GROUP REMAINS ON TRACK FOR STRONG GROWTH IN FISCAL YEAR 2019 WITH A HIGH SALES INCREASE BY 9.3 % TO EUR 848.8 MILLION (Q1 2018: EUR 776.9 MILLION) IN Q1.WE ARE CONFIDENT ABOUT DEVELOPMENT OF OUR BUSINESS IN COMING MONTHS.WE HAVE SUBSTANTIATED OUR FULL-YEAR GUIDANCE AND OUR LONG-TERM AMBITIONS WITH UPDATED TARGETS. EXTENDING THROUGH TO 2025, THEY CALL FOR AN ANNUAL ORGANIC GROWTH OF 5-7 % (CAGR).GROUP INTENDS TO SIGNIFICANTLY EXCEED ANTICIPATED WORLDWIDE MARKET GROWTH RATE FOR 2019, PROJECTED BY EXPERTS TO LIE IN RANGE OF 3-4 %.UNDER ITS UPDATED LONG-TERM TARGETS, SYMRISE AIMS TO INCREASE SALES TO AROUND EUR 5.5 TO 6.0 BILLION BY END OF 2025..THIS INCREASE IS TO BE ACHIEVED THROUGH ANNUAL ORGANIC GROWTH OF 5-7 % (CAGR) AND ADDITIONAL TARGETED ACQUISITIONS..IN JANUARY SYMRISE ANNOUNCED PLANNED ACQUISITION OF US-AMERICAN COMPANY ADF/IFD, A MEAT AND EGG-BASED PROTEIN SPECIALIST, DEAL EXPECTED TO CLOSE IN H2 2019.  Full Article

Symrise Lifts Sales Objectives, Sees 2018 Org. Sales Growth Of Over 8 Pct
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Symrise AG ::GROUP ACHIEVED AN ORGANIC SALES INCREASE OF 8.8 % IN FIRST NINE MONTHS OF YEAR.TAKING PORTFOLIO AND EXCHANGE RATE EFFECTS INTO ACCOUNT, SALES IN REPORTING CURRENCY WERE UP 4.6 % TO EUR 2,382.6 MILLION (9M 2017: EUR 2,278.4 MILLION).EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION (EBITDA) AMOUNTED TO EUR 475.7 MILLION (9M 2017: EUR 485.2 MILLION). EBITDA MARGIN REMAINED AT A GOOD LEVEL OF 20.0 %.SYMRISE RAISES ITS SALES OBJECTIVE, WHICH HAD ALREADY BEEN INCREASED AT MID-YEAR.SYMRISE AIMS AT OUTPERFORMING MARKET GROWTH AND AT ACHIEVING ORGANIC SALES GROWTH OF MORE THAN 8 % IN FISCAL YEAR 2018.FOR FISCAL YEAR 2018, SYMRISE NOW EXPECTS AN ORGANIC SALES INCREASE OF MORE THAN 8 %.GROUP EXPECTS SHORTAGE OF RAW MATERIALS TO PERSIST IN REMAINING WEEKS OF 2018., CONSIDERS ITSELF WELL POSITIONED TO COMPENSATE FOR MARKET SHORTAGES ON BASIS OF ITS OWN BACKWARD INTEGRATION.  Full Article

Symrise Sees Raw Material Situation Remaining Tense
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - Symrise AG conference call::CEO SAYS RAW MATERIAL SITUATION WILL REMAIN TENSE AT LEAST FOR NEXT HALF YEAR.CFO SAYS FY EBITDA SHOULD NOT COME IN BELOW YEAR-EARLIER LEVEL.  Full Article

Symrise Aims To Grow Faster Than Market In 2018
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Symrise ::2017 SALES UP 3.2 PERCENT AT 2.996 BILLION EUROS.2017 EBITDA UP 0.8 PERCENT AT 630.3 MILLION EUROS.2017 NET PROFIT UP 1.8 PERCENT AT 270.3 MILLION EUROS.RTRS POLL AVG FOR 2017 SALES WAS 3.01 BILLION EUROS, EBITDA 638 MILLION, NET INCOME 277 MILLION.SAYS AIMS TO GROW FASTER THAN MARKET GROWTH OF 3-4 PERCENT, SEES EBITDA MARGIN OF AROUND 20 PERCENT.SAYS STICKS WITH 2020 TARGET OF ANNUAL SALES GROWTH OF 5-7 PERCENT, EBITDA MARGIN OF 19-22 PERCENT.  Full Article

Symrise AG Says Always Examining Between 5 And 10 Acquisition Targets, Will Be Very Disciplined‍​
Tuesday, 13 Mar 2018 

March 14 (Reuters) - Symrise Ag CEO::SAYS ALWAYS EXAMINING BETWEEN 5 AND 10 ACQUISITION TARGETS, WILL BE VERY DISCIPLINED‍​.  Full Article

Symrise: Contract Of CFO Olaf Klinger Extended Ahead Of Schedule
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Symrise AG ::DGAP-NEWS: SYMRISE AG: EXECUTIVE BOARD CONTRACT OF CFO OLAF KLINGER EXTENDED AHEAD OF SCHEDULE.‍OLAF KLINGER WILL CONTINUE TO MANAGE FINANCES OF SYMRISE FOR ANOTHER FIVE YEARS UNTIL JANUARY 2024​.  Full Article

Symrise sticks with 2017 guidance after Q3
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Symrise :Q3 sales up 4.6 percent at 763.2 million eur.Q3 EBITDA up 3.3 percent at 162.3 million eur.Reuters poll average for Symrise Q3 sales was 745 million eur, EBITDA 160 million, net profit 69 million.Symrise says sticks with guidance for 2017 sales growth of more than 3 percent, EBITDA margin of over 20 percent.Symrise affirms 2020 guidance.  Full Article

Symrise: Diana increases its share in social network Yummypets
Thursday, 13 Jul 2017 

July 13 (Reuters) - SYMRISE AG ::DIANA INCREASES ITS SHARE IN THE SOCIAL NETWORK YUMMYPETS.DIANA IS KEEPING THE AMOUNT OF ITS INVESTMENT CONFIDENTIAL‍​.TWO FOUNDERS OF YUMMYPETS CONTINUE TO BE SHAREHOLDERS OF THE COMPANY.  Full Article

German stocks - Factors to watch on May 24

BERLIN/FRANKFURT, May 24 The following are some of the factors that may move German stocks on Friday: