Symrise beats sales expectations on strong North America, Asia demand (updated)

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30/07/2026 07:03

adds stock moves in paragraph 3, 4, regional performance in paragraph 5, H1 Adjusted EBITDA in paragraph 7
By Tristan Veyet
July 30 (Reuters) - German flavour and fragrance maker Symrise SY1G.DE reported second-quarter organic sales growth above market expectations on Thursday, helped by stronger demand in North America and Asia-Pacific.
Organic sales grew 4.5%, beating analyst expectations of 3.0%, according to Vara Research.
Growth was driven by North America and Asia-Pacific, where organic sales rose 9.6% and 12.3% respectively. Sales fell 2.1% in Latin America and 0.4% in Europe, the Middle East and Africa.
Symrise maintained its 2026 outlook, targeting organic sales growth of 2% to 4% and an adjusted EBITDA margin of 21.5% to 22.5%.
First-half adjusted EBITDA came in at 553 million euros ($633 million), 1.4% above Vara Research consensus.
The results echoed those of Swiss peer Givaudan GIVN.S, which recently reported better-than-expected organic sales growth.
Shares in Symrise rose 3.75% in early trading.
        
($1 = 0.8735 euros)

 (Reporting by Tristan Veyet in Gdansk, editing by Milla Nissi-Prussak and Matt Scuffham)
 ((Tristan.veyet@thomsonreuters.com;))