Breaking News

Q1 Gains at Symrise

July 10, 2013

Symrise reported a 6% rise in first quarter sales to €92.8 million euros, or $122.6 million, with a 7% increase to €46 million, or $60.8 million, according to reports. The company said the gains were due to solid developments in emerging markets and strong performances in established ones, including those touched by the Euro crisis.

“Once again, we enjoyed robust growth—growing faster than the market,” said Heinz-Jürgen Bertram, Symrise’s chief executive officer. “With the acquisition of the US fragrance manufacturer Belmay, we took another strategic step towards further expanding our product portfolio and market presence in North America. We are therefore confident for the upcoming months of 2013.”

EBITDA at Symrise’s scent and care division grew 8% to €48.9 million, or $64.6 million, according to reports.

Category sales increased in every market, with the strongest developments in the Asia-Pacific region and Latin America. North America also registered a revenue gain of 12% in local currency.

The company, celebrating its 10th anniversary this year, forecasts a 2-3% increase in sales for fiscal 2013.
  • The Good, The Bad Can Get Ugly

    The Good, The Bad Can Get Ugly

    March 28, 2017
    If you are what you eat, you may really be in trouble!

  • It’s Magic!

    It’s Magic!

    Melissa Meisel, Associate Editor||March 20, 2017
    Argan oil-infused ‘Moroccan’ lip care brand jumps from WholeFoods into CVS.

  • On the Cutler Edge

    On the Cutler Edge

    Melissa Meisel, Associate Editor||March 13, 2017
    Top brand source at Redken forecasts up-to-the-minute hair trends.

  • Supply-Side Innovations

    Supply-Side Innovations

    Tom Branna, Editorial Director||March 1, 2017
    Raw material suppliers roll up their sleeves and roll out their new products for the global cleaning industry.

  • New Faces in Familiar Places

    New Faces in Familiar Places

    Tom Branna, Editorial Director||March 1, 2017
    The American Cleaning Institute officially welcomed its new president.

  • Special Delivery

    Special Delivery

    Tom Branna, Editorial Director||March 1, 2017
    UV protection is important, but what good is that sunscreen if consumers won’t apply it?