Picture of Symrise AG logo

SY1 — Symrise AG News Story

0.000.00%
de flag iconLast trade - 00:00
Basic MaterialsBalancedLarge CapHigh Flyer

Symrise down after second outlook cut this year

** Shares in Symrise SY1G.DE fall 3.6% in early Frankfurt trade after German flagrance and flavour maker cut its full-year organic growth forecast for the second time this year

** Due to softening consumer demand and impact from tariffs, the company now expects FY organic revenue growth between 2.3% and 3.3% vs between 3.0% and 5.0% seen before

** "We expect share price pressure," Jefferies says

** The shares are seen at the bottom of the Germany's blue-chip index .GDAXI

(Reporting by Amir Orusov)

((Amir.orusov@thomsonreuters.com))

Recent news on Symrise AG

See all news