Symrise AG continues its growth course in the first half of 2022. The company saw a strong increase in sales and profit. Organic sales growth came to 10.2 %. Taking portfolio and exchange rate effects into account, sales in the reporting currency increased by 18.5 % to € 2,260 million (H1 2021: € 1,908 million).
Symrise AG announces an agreement to form a joint venture with Virchow Group. The group of pharmaceutical companies based in India will manufacture personal care ingredients from the Symrise portfolio through the joint venture.
In light of strong free cash flow and expected proceeds from portfolio actions, the Executive and Supervisory Boards have resolved to authorize a share buyback program of up to EUR 400 million.
Beauty specialist/innovator Revlon and Symrise partner to produce and distribute six tons of FDA compliant hand sanitizer for donation to local hospitals to support the Covid-19 response.
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Verlag für chemische Industrie
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