Flavors and fragrance company Symrise has continued on its successful course reporting substantial increases in sales and earnings.
Sales increased by 10 percent to €730.7 million for the April – June period, while for the first half of the year adjusted net income reached €142 million, an increase of 6 percent.
The rise was said to be boosted by demand in key flavors and fragrances segments, with sales for scent and care jumping 22 percent to €667.8 million. This was boosted by the recent acquisition of natural ingredients company Pinova. The company added €110 million to the results.
Symrise Chief Executive Officer Heinz-Jürgen Bertram told WWD.com, “With a clear goal in mind, we have implemented a number of strategic initiatives to diversify our portfolio. We have added to our competencies, both in the flavors and fragrances business, which we intend to leverage in order to further strengthen our status as a market leader.”