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Symrise Group Q1 Sales Up 10.5% Organically - Quick Facts

(RTTNews) - Symrise Group (SYIEY.PK, SYIEF.PK) reported that its sales rose organically by 10.5% in the first quarter of 2021. Taking account of negative currency translation effects, sales were up 3.5% to 949.6 million euros from 917.1 million euros, last year. The Group said all segments recorded strong demand and achieved high organic growth.

For the first quarter, Scent & Care generated sales of 373.2 million euros, up organically by 8.3%.

Symrise Group targets organic growth of 5 to 7% for the current fiscal year. The company's medium-term goals up until the end of 2025 remain unchanged.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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