Symrise AG outstandingly capitalized on the economic recovery in 2021 and successfully continued the profitable growth course. The group once again significantly increased sales and earnings. Symrise grew group sales in reporting currency by 8.7 % to EUR 3.826 bn (2020: EUR 3.520 bn). Without taking into account portfolio and currency effects, organic growth amounted to 9.6 %. Earnings before interest, taxes, depreciation and amortization (Ebitda) at EUR 814 m were significantly above the prior-year figure of EUR 742 m. The company maintained profitability at a high level with an Ebitda margin of 21.3 % (2020: 21.1 %).

CEO Dr Heinz Jürgen Bertram said: “For the current fiscal year, we confirm our long-term target to achieve an average increase in sales of between 5 and 7 percent (CAGR) and to exceed market growth. Furthermore, we are once again targeting high profitability for 2022 with an Ebitda margin of around 21 percent, in spite of the increasing raw materials costs and energy prices.”