The website of Personal Care Global

Symrise Scent & Care annual sales top €1.7 billion

German chemicals outfit Symrise recorded sales of €1.7 billion ($ 1.8 billion) in its Scent & Care division in 2022, up 14.4% on a year earlier.

Growth was driven in particular by strong demand in fine fragrances and cosmetic ingredients, it said.

Excluding portfolio and currency translation effects, Scent & Care sales increased by 5.1%. The Scent & Care division generated EBITDA of €291m in 2022, up 3% from the previous year.

Symrise group sales meanwhile increased by 20.7% to € 4.6 billion, up from €3.8 billion in 2021. Company-wide EBITDA was up 13% to €922m.

 “2022 was a very successful fiscal year for Symrise once again. We continued to grow profitably despite inflation and volatility in our core markets,” said CEO Dr. Heinz-Jürgen Bertram.

“We continued to develop our portfolio excellently through targeted acquisitions and strategic partnerships, including the acquisition of the French companies Néroli and Romani in France, Schaffelaarbos in the Netherlands, Wing Pet Food in China and the investment in Swedencare, a supplier of premium products to the pet care market,” he added.

“Our outlook for 2023 is correspondingly optimistic. We believe that we will continue to grow and create sustainable value in the current year.”

See more about Symrise

Upcoming Events

in-cosmetics Global 2023 - Barcelona

Fira Barcelona Gran Via
28 - 30 March 2023

NYSCC Suppliers' Day 2023

Javits Center, New York
2 - 3 May 2023

CITE Japan 2023

Pacifico Yokohama, Japan
17 - 19 May 2023

in-cosmetics Korea 2023

Hall C, Coex, Seoul, South Korea
12 - 14 July 2023

Making Cosmetics 2023

Allianz MiCo Hall 4 Gate 5 Viale L. Scarampo. Milan. Italy
22 - 23 November 2023

Access the latest issue of Personal Care Magazine on your mobile device together with an archive of back issues.

Download the FREE Personal Care Magazine app from your device's App store

Upcoming Events

in-cosmetics Global 2023 - Barcelona

Fira Barcelona Gran Via
28 - 30 March 2023

NYSCC Suppliers' Day 2023

Javits Center, New York
2 - 3 May 2023

CITE Japan 2023

Pacifico Yokohama, Japan
17 - 19 May 2023

in-cosmetics Korea 2023

Hall C, Coex, Seoul, South Korea
12 - 14 July 2023

Making Cosmetics 2023

Allianz MiCo Hall 4 Gate 5 Viale L. Scarampo. Milan. Italy
22 - 23 November 2023

Access the latest issue of Personal Care Magazine on your mobile device together with an archive of back issues.

Download the FREE Personal Care Magazine app from your device's App store

Step Communications Ltd, Step House, North Farm Road, Tunbridge Wells, Kent TN2 3DR
Tel: 01892 779999 Fax: 01892 616177
www.step-communications.com
© 2023 Step Communications Ltd. Registered in England. Registration Number 3893025