Profits Rise at Symrise for 2011
Symrise AG’s fiscal 2011 net profits rose 9.7% to $204 million due to the effects of refinancing completed in 2010 and the corresponding reduction in financing expenses, according to reports.
For the year, company sales rose 0.7% to $2.21 billion. Sales for Symrise’s scent and care division rose 0.4% to $1.12 billion.
For 2012, the company expects a 2-4% rise in sales.
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