Symrise AG accelerated its growth course in the third quarter, achieving overall a considerable increase in sales and earnings for the nine-month period. This positive trend was ­driven by strong demand across all segments.

The company, which makes flavourings, fragrances and cosmetics, increased its sales organically by 6.5 % in the first nine months of the year. Organic growth was particularly dynamic in the third quarter with a plus of 9.1 %. Taking into account portfolio and exchange rate effects, sales in the first nine months of the year were up 3.9 % to EUR 2.28 bn (2016: EUR 2.19 bn).

Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 485.2 m (2016: EUR 480.3 m). In ­addition, the profitability remained high, with an EBITDA margin of 21.3 % (2016: 21.9 %).

“We continued our growth initiatives in the third quarter, which led to a successfully expanded market position,” explained Dr Heinz-Jürgen Bertram, CEO of Symrise AG. He added, “We consider the strong sales growth as a result of our unique positioning.”