Symrise 2022 again with strong growth and good profitability

Symrise AG, a leading global supplier of fragrances, flavorings, cosmetic and functional ingredients, closed the 2022 fiscal year with another strong increase in sales and good profitability despite challenging economic conditions.

A normalization in consumer behavior as the coronavirus pandemic recedes in large parts of the world and the price increases successfully implemented by Symrise contributed to renewed strong sales in the Taste, Nutrition & Health segment. Taking into account portfolio and exchange rate effects, sales increased by 24.8 % to € 2,913 million.

Group sales increase by 20.7 % to € 4,618 million (2021: € 3,826 million), organic growth accelerated to 11.4 % EBITDA up 13 % to € 922 million before deduction of one-time impairment (2021: € 814 million)
— Continued good profitability with an EBITDA margin of 20.0 %