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Symrise AG (SY1G.DE)

SY1G.DE on Xetra

78.96EUR
21 Mar 2019
Change (% chg)

€-1.64 (-2.03%)
Prev Close
€80.60
Open
€80.86
Day's High
€80.98
Day's Low
€78.90
Volume
358,043
Avg. Vol
290,320
52-wk High
€82.64
52-wk Low
€62.60

Latest Key Developments (Source: Significant Developments)

Symrise Lifts Sales Objectives, Sees 2018 Org. Sales Growth Of Over 8 Pct
Wednesday, 7 Nov 2018 01:30am EST 

Nov 7 (Reuters) - Symrise AG ::GROUP ACHIEVED AN ORGANIC SALES INCREASE OF 8.8 % IN FIRST NINE MONTHS OF YEAR.TAKING PORTFOLIO AND EXCHANGE RATE EFFECTS INTO ACCOUNT, SALES IN REPORTING CURRENCY WERE UP 4.6 % TO EUR 2,382.6 MILLION (9M 2017: EUR 2,278.4 MILLION).EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION (EBITDA) AMOUNTED TO EUR 475.7 MILLION (9M 2017: EUR 485.2 MILLION). EBITDA MARGIN REMAINED AT A GOOD LEVEL OF 20.0 %.SYMRISE RAISES ITS SALES OBJECTIVE, WHICH HAD ALREADY BEEN INCREASED AT MID-YEAR.SYMRISE AIMS AT OUTPERFORMING MARKET GROWTH AND AT ACHIEVING ORGANIC SALES GROWTH OF MORE THAN 8 % IN FISCAL YEAR 2018.FOR FISCAL YEAR 2018, SYMRISE NOW EXPECTS AN ORGANIC SALES INCREASE OF MORE THAN 8 %.GROUP EXPECTS SHORTAGE OF RAW MATERIALS TO PERSIST IN REMAINING WEEKS OF 2018., CONSIDERS ITSELF WELL POSITIONED TO COMPENSATE FOR MARKET SHORTAGES ON BASIS OF ITS OWN BACKWARD INTEGRATION.  Full Article

Symrise Sees Raw Material Situation Remaining Tense
Tuesday, 14 Aug 2018 03:48am EDT 

Aug 14 (Reuters) - Symrise AG conference call::CEO SAYS RAW MATERIAL SITUATION WILL REMAIN TENSE AT LEAST FOR NEXT HALF YEAR.CFO SAYS FY EBITDA SHOULD NOT COME IN BELOW YEAR-EARLIER LEVEL.  Full Article

Symrise Aims To Grow Faster Than Market In 2018
Wednesday, 14 Mar 2018 02:30am EDT 

March 14 (Reuters) - Symrise ::2017 SALES UP 3.2 PERCENT AT 2.996 BILLION EUROS.2017 EBITDA UP 0.8 PERCENT AT 630.3 MILLION EUROS.2017 NET PROFIT UP 1.8 PERCENT AT 270.3 MILLION EUROS.RTRS POLL AVG FOR 2017 SALES WAS 3.01 BILLION EUROS, EBITDA 638 MILLION, NET INCOME 277 MILLION.SAYS AIMS TO GROW FASTER THAN MARKET GROWTH OF 3-4 PERCENT, SEES EBITDA MARGIN OF AROUND 20 PERCENT.SAYS STICKS WITH 2020 TARGET OF ANNUAL SALES GROWTH OF 5-7 PERCENT, EBITDA MARGIN OF 19-22 PERCENT.  Full Article

Symrise AG Says Always Examining Between 5 And 10 Acquisition Targets, Will Be Very Disciplined‍​
Tuesday, 13 Mar 2018 05:33pm EDT 

March 14 (Reuters) - Symrise Ag CEO::SAYS ALWAYS EXAMINING BETWEEN 5 AND 10 ACQUISITION TARGETS, WILL BE VERY DISCIPLINED‍​.  Full Article

Symrise: Contract Of CFO Olaf Klinger Extended Ahead Of Schedule
Wednesday, 7 Mar 2018 08:01am EST 

March 7 (Reuters) - Symrise AG ::DGAP-NEWS: SYMRISE AG: EXECUTIVE BOARD CONTRACT OF CFO OLAF KLINGER EXTENDED AHEAD OF SCHEDULE.‍OLAF KLINGER WILL CONTINUE TO MANAGE FINANCES OF SYMRISE FOR ANOTHER FIVE YEARS UNTIL JANUARY 2024​.  Full Article

Symrise sticks with 2017 guidance after Q3
Wednesday, 8 Nov 2017 01:30am EST 

Nov 8 (Reuters) - Symrise :Q3 sales up 4.6 percent at 763.2 million eur.Q3 EBITDA up 3.3 percent at 162.3 million eur.Reuters poll average for Symrise Q3 sales was 745 million eur, EBITDA 160 million, net profit 69 million.Symrise says sticks with guidance for 2017 sales growth of more than 3 percent, EBITDA margin of over 20 percent.Symrise affirms 2020 guidance.  Full Article

Symrise: Diana increases its share in social network Yummypets
Thursday, 13 Jul 2017 04:46am EDT 

July 13 (Reuters) - SYMRISE AG ::DIANA INCREASES ITS SHARE IN THE SOCIAL NETWORK YUMMYPETS.DIANA IS KEEPING THE AMOUNT OF ITS INVESTMENT CONFIDENTIAL‍​.TWO FOUNDERS OF YUMMYPETS CONTINUE TO BE SHAREHOLDERS OF THE COMPANY.  Full Article

Symrise successfully places EUR 400 mln convertible bonds
Tuesday, 13 Jun 2017 08:52am EDT 

June 13 (Reuters) - SYMRISE AG ::DGAP-NEWS: SYMRISE AG PLACES EUR400M CONVERTIBLE BONDS.  Full Article

Symrise issues 400 mln eur convertible bonds
Tuesday, 13 Jun 2017 01:45am EDT 

June 13 (Reuters) - Symrise AG :Symrise issues convertible bonds; issue volume eur400 million.Says proceeds to be used for refinancing of existing loan and capital markets indebtedness and for general corporate purposes.Says ordinary shares underlying bonds represent up to 3.6 % of current outstanding share capital.Says issuance of bonds excludes shareholders' pre-emptive rights.Says bonds expected to bear interest at a rate between 0.1 - 0.375 % per annum.Says conversion premium of 42.5 - 47.5 % above volume-weighted average price of ordinary shares on Xetra between launch and pricing.Says subject to a non-conversion period of 5 years after the issue date.Bonds will have a maturity of 7 years and will be issued in a denomination of EUR 100,000 each.  Full Article

Symrise acquires Cobell Limited
Tuesday, 30 May 2017 05:00am EDT 

May 30 (Reuters) - SYMRISE AG ::SYMRISE EXPANDS PRESENCE IN BRITISH BEVERAGE MARKET THROUGH ACQUISITION OF COBELL LIMITED.SYMRISE TO INCREASE CUSTOMER PROXIMITY IN BRITISH BEVERAGE MARKET SEGMENT.‍BOTH PARTIES HAVE AGREED NOT TO DISCLOSE FINANCIAL DETAILS OF ACQUISITION. CLOSING OF TRANSACTION IS EXPECTED TO TAKE PLACE AT BEGINNING OF JULY 2017​.  Full Article