Symrise 3Q 2009

11/6/2009 9:24:00 AM
ARTICLE TOOLS

HOLZMINDEN, Germany—In the third quarter (3Q) of 2009, Symrise AG improved its sales and earnings despite continued economic challenges. It increased 3Q sales over the same period of 2008 by 5.6 percent at local currency, and by 4 percent on a pro forma basis. Both business divisions and all regions contributed to the growth. The EBITDA rose by 12 percent at local currency in the 3Q, benefiting decisively from the improved sales performance as well as from the first savings effects from the restructuring measures implemented in the first half of the year. In the first nine months of the year, Symrise achieved an EBITDA margin, adjusted for restructuring expenses, of 19.7 percent.

 

 

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