Breaking News

Stable Growth at Symrise Despite Economic Crisis

March 4, 2009

Scent & Care division sees top gains for 2008

Despite the unfavorable economic environment, Symrise boosted sales by 6.5% to $166.4 billion in 2008. According to the company, sales growth included the strategically important acquisitions in the U.S., including in the Scent & Care division, the acquisition of the U.S. businesses of Manheimer Fragrances and Intercontinental Fragrances.

Sales in local currencies rose by 7% at Scent & Care and by 11% at Flavor & Nutrition. Both divisions won new core list positions with key accounts. As last year, the emerging markets remained growth drivers. Sales in the emerging markets grew by 8% in local currencies and accounted for 39% of total sales in 2008.

Symrise’s position has substantially improved in the U.S. market, which had proved challenging to date. Sales in the U.S. climbed by 25%, noted the company.
blog comments powered by Disqus
  • Patent Update

    Patent Update

    July 28, 2016
    Three-layered hair product from Lauder, palm oil extracts for wrinkle treatment and more in recently awarded patents.

  • Pushin’ the Cushion

    Pushin’ the Cushion

    Christine Esposito, Associate Editor||July 26, 2016
    AmorePacific, the creator of the cushion compact, continues to improve its unique product.

  • Cozy Makes a Splash

    Cozy Makes a Splash

    Melissa Meisel, Associate Editor||July 25, 2016
    Expands reach in CVS and introduces new collection.

  • Sustainability is Omnipresent

    Sustainability is Omnipresent

    Christine Esposito , Associate Editor||July 1, 2016
    Industry stakeholders convene in New York City for Organic Monitor’s annual event

  • Perceived Perfection

    Perceived Perfection

    Christine Esposito, Associate Editor||July 1, 2016
    From primers to pressed powders, facial cosmetics help create the illusion of a flawless complexion.

  • Preserve & Serve

    Preserve & Serve

    Melissa Meisel , Associate Editor||July 1, 2016
    Suppliers with innovative preservatives provide staying power for formulations.