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May 2023
Scent & Care | Corporate May 22, 2023
Symrise inaugurates Little Red House – its new Fine Fragrance creation hub in the heart of Shanghai
– Introducing De Laire base Piviane Impériale, an homage to fragrant China
– Located in the heart of Shanghai in the iconic building by French architect Jean Nouvel
– Intimate, immersive, and collaborative hub to strengthen China fragrance market expertise
Scent & Care | Corporate May 16, 2023
Symrise Cosmetic Ingredients presents innovative data for tropolone-based SymDiol 68T and SymOcide PT
– SymDiol 68T: a versatile multifunctional providing broad spectrum anti-microbial properties
– SymOcide PT: a preservative blend offering complete protection also at low use concentration
– Study reveals outstanding effectiveness of key ingredient tropolone
Corporate | Financial May 9, 2023
Executive Board contract of CFO Olaf Klinger extended ahead of schedule until January 2028
— Recognition for successful work in the finance division since 2016
— Symrise is also committed to continuity and stability in the Executive Board
April 2023
Corporate | Financial April 26, 2023
Symrise starts successfully into fiscal year 2023
— Sales growth of 12.8 % in reporting currency in the first quarter
— Group sales rise to € 1.2 billion
— Organic growth of 10.6 %
— Targets for 2023 and medium-term goals for 2025 confirmed
Taste, Nutrition & Health | Corporate April 25, 2023
Symrise enters partnership with Shan Foods to shape the future of taste for food in Pakistan
– Ensures speed to market with the established local manufacturing footprint to Symrise key customers
– To harness authentic and “hyperlocal” Pakistani flavours by embedding sustainability aspects
– Collaboration with Shan Foods for innovation through creation & application excellence, delivering the future of taste, nutrition & health to consumers
Scent & Care April 21, 2023
Symrise awarded with PCHi Fountain Award for innovative anti-dandruff ingredient
— Crinipan® PMC green meets high standards of established anti-dandruff ingredients
— Multi-use application thanks to its liquid form made exclusively of natural ingredients
— Fulfills consumer demands for environmentally friendly, effective products
Scent & Care | Corporate April 20, 2023
BSB Innovation Awards 2023 award Symrise Cosmetic Ingredients with three prizes
— SymEffectTM UV, SymProt’inTM Oat, and SupervisomeTM EPH succeed in three categories
— Acknowledges sustainable and innovative properties of the cosmetic ingredients
— Underlines leading innovation position with renewable, natural-based raw materials
Taste, Nutrition & Health | Corporate April 18, 2023
Symrise to exhibit at Vitafoods with four health-related product launches
– Presentation of four product concepts addressing gut health, healthy aging, and women’s health
– Featuring Prebiocran™, a new cranberry extract supporting gut health
– Prf. Desjardins of Université Laval to present outcome of research program on Prebiocran™ efficacy
– Demonstration of how the Taste, Nutrition & Health segment supports consumers in their pursuit...
March 2023
Taste, Nutrition & Health | Corporate March 30, 2023
Symrise announces the launch of a new line of bioactives for its Beauty from within product range
— Solutions complement traditional beauty routines, addressing the quickly expanding nutricosmetics market
— Full range of bioactives to deliver inside-out beauty benefits for skin anti-aging, brightening, as well as hair and nail care
— A further step towards the strategic positioning of the Taste Nutrition & Health Segment in the health product sector
Scent & Care | Corporate March 24, 2023
SymEffect™ UV: Symrise expands its functionals portfolio with sustainable SPF booster
— SymEffect™ UV increases the effectiveness of organic and mineral UV filters
— Synergistic combination entirely based on natural raw materials
— Meets high consumer demands for sustainable cosmetics
Corporate | Sustainability March 15, 2023
CDP rating: Symrise honored for climate commitment in the supply chain
— Holzminden-based Group among the top eight percent worldwide
— Another A rating from the nonprofit CDP organization
— Continual listing on the Supplier Engagement Leaderboard since 2016
Corporate March 8, 2023
Investigations by international cartel authorities
On March 7, 2023, EU cartel authorities have contacted Symrise at their headquarters in Holzminden. Together with Swiss, British and American authorities, they are investigating possible inadmissible agreements in the fragrance and fragrance ingredients sector. These investigations are taking place in parallel at all leading companies in the industry. Symrise is...
Corporate | Financial March 8, 2023
Symrise 2022 again with strong growth and good profitability
— Group sales increase by 20.7 % to € 4,618 million (2021: € 3,826 million), organic growth accelerated to 11.4 % EBITDA up 13 % to € 922 million before deduction of one-time impairment (2021: € 814 million)
— Continued good profitability with an EBITDA margin of 20.0 %
— Symrise plans thirteenth dividend increase in a row
— Symrise reaffirms long-term profitable...
Scent & Care | Corporate March 6, 2023
Symrise launches new collection of multifunctional ingredients for household care products
— Multifunctional substances in the home care category improve cleaning power and durability
— Innovative ingredients promote sustainability and reduce packaging
— Customers benefit from regulatory expertise and consumer understanding
February 2023
Taste, Nutrition & Health | Corporate February 24, 2023
Symrise Pet Food enters joint venture with Sunner in China
— Sets a strategic local partnership to provide high quality sustainable egg proteins
— Complements offerings and follows fast premiumization trends in China
— Contributes fully to side-stream valorization business model
— Serves the Taste, Nutrition & Health ambition, accelerating the Pet Nutrition International Expansion strategy, reinforcing pet food footprint...
Corporate February 9, 2023
Sustainability: Symrise receives triple A rating after review for climate, water and forest
PRESS RELEASE UPDATE:
Sustainability: Symrise receives triple A rating after review for climate, water and forest
— Review by CDP grants triple A rating, including climate
— Best possible score of A in all three categories
— Recognition of efforts to protect water, forests, and the climate
Scent & Care | Corporate February 3, 2023
Symrise Cosmetic Ingredients to enter strategic partnership with Synergio
— Acquisition of minority interest in Synergio
— Symrise to expand Product Protection portfolio with plant-based technologies
— Strategic partnership will accelerate development of natural antimicrobial solutions
January 2023
Corporate | Financial January 31, 2023
Symrise expands its Executive Board
— Dr. Stephanie Cossmann takes over newly created executive responsibilities for Human Resources and Legal
— Dr. Jörn Andreas takes over as President of the Scent & Care segment
— New distribution of responsibilities for Executive Board starting February 1, 2023
Taste, Nutrition & Health | Corporate January 23, 2023
Symrise acquires minority stake in Danish aroma company, EvodiaBio
— Bio-industrial startup raises 45 million Danish kroner for ambitious growth strategy
— Symrise among the contributors of the capital increase
— Minority share to strengthen sustainable taste solution offering
— Novel precision fermentation technology in line with Taste, Nutrition & Health segment strategy
Corporate | Financial January 20, 2023
Symrise publishes preliminary financial results for the 2022 fiscal year
Symrise AG anticipates lower consolidated key figures than expected for the past 2022 fiscal year. The primary reason for this is an impairment loss of € 126 million relating to the interest in Swedencare AB, a leading manufacturer of premium products for pets, which Symrise recognized in the fourth quarter. Despite this market-related impairment loss, Symrise...
Scent & Care | Corporate | Financial January 11, 2023
Symrise invests in Ignite Venture Studio
— Co-operation and investment in US incubator with focus on equity investment in B2C startup ventures in the personal care sector
— To drive product innovations in fragrance and cosmetic ingredients
— Access to disruptive trends in beauty, health and wellness
— Aligned with strategic ambition, to strengthen competencies in market and consumer trends in the beauty...
Taste, Nutrition & Health | Scent & Care | Corporate | Financial | Sustainability January 5, 2023
Sustainability: Symrise receives top scores in the categories of climate, water and forests
— Nonprofit organization CDP examined 18,700 companies
— The Holzminden-based Group received the best possible score of A twice for its efforts to protect water and forests and A- in the area of climate protection