Symrise reports increased profit in H1

Symrise reports increased profit in H1
Flavour and fragrance firm Symrise AG has reported a 7.2% increase in revenue during the first half of 2013, and a 12% increase in net profit to €93.4m.

The sales increase – from €871.6m to €934.7m – is equivalent to a 9.5% increase in local currency.

The company’s CEO, Dr Heinz-Jürgen Bertram, said in a statement:“Symrise also substantially grew in the second quarter – achieving strong figures in both the emerging and developed markets.With an increase of 14% at local currency, North America was the region posting the strongest sales growth. EAME, which was impacted last year, saw a good recovery and also achieved solid sales growth… We will continue to implement our business expansion plans, adding new and innovative product solutions to our portfolio. In addition, we will enhance our position in both, industrialized nations and Emerging Markets.”

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