symrise ag-unspon adr (SYIEY) Key Developments
Symrise AG Presents at Deutsche Bank dbAccess German, Swiss & Austrian Conference 2015, Jun-19-2015
Jun 16 15
Symrise AG Presents at Deutsche Bank dbAccess German, Swiss & Austrian Conference 2015, Jun-19-2015 . Venue: Berlin, Germany.
Symrise AG Presents at Exane BNP Paribas 17th European CEO Conference, Jun-11-2015
Jun 6 15
Symrise AG Presents at Exane BNP Paribas 17th European CEO Conference, Jun-11-2015 . Venue: Paris, France.
Symrise Opens New Production Plant in Belem, Para
Jun 4 15
Symrise AG has opened its new production plant Symrise Amazon Ecoparque in Belem, Para, in the Amazon region. The strategic investment is to facilitate the development of products for global beauty care. It also integrates sustainability aspects along the entire value chain from sourcing and production to contributing to the social and economic development of the region.
Symrise AG Presents at Societe Generale's The Nice Conference, May-28-2015
May 26 15
Symrise AG Presents at Societe Generale's The Nice Conference, May-28-2015 . Venue: Nice, France.
Symrise AG Reports Earnings Results for the First Quarter Ended March 31, 2015; Reaffirms Earnings Guidance for 2015
May 5 15
Symrise AG reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported sales of EUR 668.0 million against EUR 469.6 million for the same period a year ago. EBITDA was EUR 148.8 million against EUR 101.0 million for the same period a year ago. EBIT was EUR 106.4 million against EUR 79.6 million for the same period a year ago. Net income was EUR 68.0 million against EUR 51.9 million for the same period a year ago. Earnings per share were EUR 0.52 against EUR 0.44 for the same period a year ago. CAPEX was EUR 21.2 million against EUR 12.3 million for the same period year ago. Operating cash flow was EUR 68.4 million against EUR 49.4 million for the same period year ago. The group seamlessly continued its positive performance from the previous year and significantly increased sales and net income in the first three months. Key driver for this favorable development was, apart from the Diana acquisition in mid-2014, the sustained high demand in both segments.
After a strong start into the year, the company is confirming its goals for the fiscal year 2015. The group is again aiming to grow faster than the global market for fragrances and flavors in 2015 and to achieve an EBITDA margin greater than 20 %. The company expects the current fiscal year to maintain its currently solid demand dynamics across every region and in both segments. Against this backdrop, the company is also confirming the group's medium-term targets.