Symrise

FY results in line – volume led organic growth expected for FY25

  • Sectors : Foods
  • Companies : Symrise

Ratings and price correct at time of issue.

  • Symrise

    Closing Price: 10140c

  • RATING 24/03/20

  • PREVIOUS RATING 15/01/19

    NEUTRAL

DAVY VIEW

Symrise delivered an in line result for FY24 with EBITDA growth of 14.4% – its efficiency program delivered €50m in savings and accounted for 40% of the EBITDA uplift. FY25 guidance calls for further progress in 2025, which is broadly consistent with consensus expectations. Top-line growth in FY25 will be volume led.

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Jan 30 2025, 08:43 GMT

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