Symrise continues to focus on earnings power

Symrise remains on course with an EBITDA margin of 20.1% for the first nine months of 2011. The Group achieved its targeted margin despite a further economic slowdown in the third quarter and sustained high raw material prices. In certain regions Symrise discontinued selective activities with low margins and continued strict cost discipline throughout the Group.

According to the company Group sales increased about 2% compared to the strong prior year figures which were characterized by catch-up effects. In the first three quarters of 2011, Symrise generated Group sales of € 1.206 bn. The flavour business as well as activities with global customers significantly contributed to this growth. The Emerging Markets also continued to provide positive impetus for growth.

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