Symrise: sales and earnings up nine percent in the first nine months

In the third quarter, Symrise AG successfully built on its dynamic performance from the first half of the year. In the first nine months of 2012, the Group generated sales of € 1.320 bn (9M 2011: € 1.206 bn), exceeding the previous year’s figure by 9% (6% at local currency). According to the company, both divisions provided strong impetus for growth.

Symrise experienced above-average growth in the emerging markets, with Latin America performing particularly well. The Group also recorded considerable sales increases in Asia and North America. Symrise remained highly profitable despite high raw materials prices and start-up costs for its new menthol production plant. The Group increased its EBITDA by 9% to € 264 m (9M 2011: € 243 m) and achieved an EBITDA margin of 20%.

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