Symrise optimistic for full year 2016

This enabled the Group to seamlessly continue the dynamic growth trend from the first half of the year. In the nine-month period, Symrise achieved strong gains in sales and earnings. The Group increased sales by 16% (in local currency) to € 2.192 bn (9 M 2015: € 1.977 bn). Earnings before interest, taxes, depreciation and amortization, normalized for one-time effects from the acquisition and integration of Pinova Holdings, Inc. (EBITDAN) were up 7% to € 480.3 m (9 M 2015: € 448.5 m).

Despite the first-time inclusion of the Pinova Group since the first quarter of 2016, Symrise has maintained profitability at a very good level and achieved an EBITDAN margin of 21.9% (9 M 2015: 22.7%). The Group is optimistic as it looks ahead to the remaining weeks of 2016.