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SY1 — Symrise AG News Story

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Symrise falls in early trade as margin seen in lower half of guidance range

BUZZ-Symrise falls in early trade as margin seen in lower half of guidance range

** Shares in Symrise SY1G.DE are down around 5% in early Frankfurt trade

** German flavours and fragrances group says it expected its earnings margin to land in the lower half of its 21.5%-22.5% forecast range

** "Margin commentary is likely to disappoint," Davy analyst Cathal Kenny says

** Organic sales growth was 5.3% in Q3 versus the 5% growth seen in consensus, cited by JPMorgan

** Up to the previous session's close, shares were up 45% this year


(Reporting by Kira Britten)

((Kira.Britten@thomsonreuters.com))

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