sur Symrise AG (ETR:SY1)
Symrise AG Reports Q1 2026 Sales Results and Maintains Yearly Outlook
Symrise AG, a global provider of flavors, fragrances, and cosmetic ingredients, announced its Q1 2026 sales results, noting a stronger-than-expected start to the year. Organic sales showed a slight decline of 0.4% year-on-year, totaling €1,249 million. The company highlighted solid performance within its Food & Beverage, Pet Food, and Fragrance divisions thanks to strategic pricing and strong execution.
Symrise's ONE SYM Transformation Program remains a key focus, driving cost savings and efficiency gains. This initiative aims to fuel organic growth by reinvesting strategically. Segment-wise, Taste, Nutrition & Health grew by 1.7% organically, while Scent & Care faced a 3.4% decline.
The company reaffirms its full-year outlook, expecting organic sales growth between 2.0% and 4.0% and an adjusted EBITDA margin of 21.5% to 22.5%. Symrise continues to rely on its innovation and digitalization strategies to navigate market dynamics successfully.
R. H.
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