Symrise AG continued its dynamic profitable growth course in 2013 and achieved new all-time highs in sales and earnings during its tenth anniversary year. The Group grew sales by 6% to € 1.83 bn (2012: € 1.74 bn). In local currency, this corresponds to an increase of 10%. Earnings before interest, taxes, depreciation and amortization (EBITDA) also rose considerably by 10% to € 373 m (2012: € 339 m). With an EBITDA margin of 20.4% (2012: 19.5%), Symrise managed to further increase its profitability this past fiscal year.
These excellent developments were supported by both divisions. Scent & Care performed particularly well, benefiting from a positive consumer sentiment worldwide, strong demand for menthol and the fragrance activities acquired from the Belmay Group. Symrise recorded the strongest growth at local currency in North and Latin America. The group also continued to grow in the Emerging Markets and increased sales at local currency by 11% compared to the previous year.