Trade Symrise AG - SY1 CFD

Symrise Company profile

About Symrise AG

Symrise AG is a Germany-based supplier of fragrances, flavorings, cosmetic active ingredients, raw materials and functional ingredients, as well as sensorial and nutritional solutions. The Company operates through three segments: Flavor, Nutrition, as well as Scent and Care. The Flavor segment develops, produces and sells flavors and functional ingredients that are used in foods, beverages and health products. The Nutrition segment provides tailor-made solutions from natural raw materials for the food and beverages, pet food, aquaculture and cosmetics industries. The Scent and Care segment produces fragrances, cosmetic ingredients, aroma molecules and mint aromas for manufacturing perfumes, personal care and cosmetic products, cleaning products and detergents, home fragrances and oral care products. The Company operates in Europe, Middle East and Africa (EMEA), North America, Asia-Pacific region and Latin America.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Symrise AG revenues increased 9% to EUR3.83B. Net income applicable to common stockholders increased 21% to EUR377.7M. Revenues reflect Scent & Care segment increase of 9% to EUR1.49B, EAME segment increase of 10% to EUR1.54B, Asia/Pacific segment increase of 9% to EUR818.2M. Net income benefited from Other Operating Income - Balancing value increase from EUR33.4M to EUR78M (income).