Symrise

Exceptional Q1 volume delivery

  • Sectors : Foods
  • Companies : Symrise

Ratings and price correct at time of issue.

  • Symrise

    Closing Price: 10410c

  • RATING 24/03/20

  • PREVIOUS RATING 15/01/19

    NEUTRAL

DAVY VIEW

Symrise’s Q1 update confirms a strong start to FY24, underpinned by exceptional volume growth across both divisions. Underlying pricing was uncharacteristically negative in the quarter, which will be a watchpoint. The CEO commentary strikes an upbeat tone on trading for the months ahead. We envisage modest upside to our full-year forecasts.

Download full report with analyst certification and important disclosures

Apr 25 2024, 07:55 IST/BST

Download