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Symrise updates long-term targets 


2019-01-24

Symrise AG has announced its new long-term targets until 2025 for the first time at its Investors' Day in Charleston, South Carolina, USA. The
Company aims to increase its sales to € 5.5 to 6 billion. This target is supposed to be achieved with an average annual organic sales growth (CAGR) of 5
to 7 % and strategic acquisitions. During that period, profitability is planned to be further increased at a high level. From 2020 onward, Symrise intends to generate an EBITDA margin within the target corridor of 20 to 23 %. At the same time, Symrise will remain fully committed to its proven strategy. As in the past, the Company will focus closely on customer and consumer needs and convert market trends into concrete business opportunities at the earliest possible
stage. Existing strengths such as the comprehensive product portfolio should be used and expanded in a targeted manner. Symrise plans to focus in particular on innovative and high - margin applications. The Company intends to identify and enter growth opportunities in the areas of naturalness and health. Digital business processes will also contribute to the growth strategy, said Symrise. For details, please visit https://www.symrise.com/investors/financial-calendar-and-presentations/