Symrise reports profits and sales are up

Chief executive of the flavour and fragrance house Dr Heinz-Jurgen Bertram said: “Symrise continues to stand for growth combined with outstanding profitability.​

“We are thoroughly satisfied with our first-half performance. We experienced strong demand in all regions and despite some economic uncertainties in some markets, we are looking ahead to the second half with confidence,” ​he added.

Sales increase ​

Flavour and nutrition sales increased by 75% for the first half of 2015, driven by a rise in new business and more orders from existing customers.

The strongest region was Latin America, where sales grew by 115%, while sales in North America nearly doubled and grew by 92% for the same period on the previous year.

Of the firm’s future, Bertram said: “The group expects demand to remain strong in all regions. For the full year, Symrise aims to outperform the global market for fragrances and flavours and delivering a margin of more than 20%.”​

Economic growth in Europe would also drive sales, he added.