Symrise Reports Resilient Q1 2026 Performance and Confirms Full Year Growth Outlook Amid Market Challenges

Symrise Reports Resilient Q1 2026 Performance and Confirms Full Year Growth Outlook Amid Market Challenges

(IN BRIEF) Symrise reported a stronger-than-expected start to 2026, with only a slight organic sales decline of 0.4 percent despite challenging market conditions, supported by solid performance in its Food & Beverage, Pet Food, and Fragrance segments. Revenue reached approximately €1.249 billion, driven by pricing actions, effective commercial execution, and improved operational efficiency. While growth was positive in Asia Pacific and the Americas, regions such as Europe, Africa, and the Middle East saw declines due to strong prior-year comparisons. The company continues to advance its ONE SYM Transformation program, which is now focused on execution, cost efficiency, and reinvestment into growth opportunities. Segment performance showed resilience in Taste, Nutrition & Health, while Scent & Care experienced some pressure, particularly in UV filters and aroma molecules. Despite these mixed results, Symrise reaffirmed its full-year 2026 outlook, expecting gradual improvement in organic growth and maintaining its targets for profitability and cash flow, reflecting confidence in its strategic direction and ability to navigate a dynamic operating environment.

(PRESS RELEASE) HOLZMINDEN, 29-Apr-2026 — /EuropaWire/ — Symrise AG has reported its financial performance for the first quarter of 2026, delivering results that exceeded expectations despite a slight year-on-year decline in organic sales. The company highlighted continued strength across key business areas, including Food & Beverage, Pet Food, and Fragrance, while maintaining confidence in its full-year outlook.

During the first quarter, Symrise recorded organic sales down by 0.4 percent compared to the same period in 2025, with total revenues reaching approximately €1.249 billion, compared to €1.317 billion a year earlier. The performance was supported by targeted pricing measures, effective commercial execution, and ongoing improvements in organizational efficiency.

Growth momentum varied across regions, with Asia Pacific as well as North and Latin America delivering positive organic sales increases, supported by stable demand and strong project pipelines. In contrast, Europe, Africa, and the Middle East experienced a decline in organic sales, largely reflecting strong comparative figures from the previous year.

CEO Jean-Yves Parisot emphasized that the company is advancing its ONE SYM Transformation program, which is now entering a phase focused on execution and growth activation. The initiative is designed to enhance competitiveness, generate structural cost efficiencies, and enable reinvestment into key growth areas, positioning the company for its next stage of development.

Within the Taste, Nutrition & Health segment, Symrise achieved organic sales growth of 1.7 percent, with revenues of €749 million. The Food & Beverage division recorded low single-digit growth, driven by strong performance in Naturals and Savory, alongside steady gains in Beverages. The Pet Food division also delivered low single-digit growth, supported by improvements in pet palatability products, although pet nutrition experienced a slight decline as pricing normalized.

The Scent & Care segment reported an organic sales decrease of 3.4 percent, with revenues of €500 million. Despite this, the Fragrance division maintained positive momentum, achieving low single-digit growth led by consumer and fine fragrance categories. The Care & Wellness division saw a more pronounced decline, primarily due to reduced demand for UV filters following strong prior-year performance, while the Aroma Molecules division experienced a mid single-digit decline, partially offset by solid demand for specialty fragrance ingredients.

Symrise continues to accelerate its ONE SYM Transformation program, focusing on innovation, digitalization, and improved commercial execution. The initiative is enhancing operational alignment and strengthening the company’s ability to respond to evolving market conditions while supporting long-term, profitable growth.

Looking ahead, Symrise has reaffirmed its full-year 2026 outlook, anticipating a gradual improvement in organic sales growth as the year progresses. The company expects organic growth to fall within a range of 2.0 to 4.0 percent, alongside an adjusted EBITDA margin of 21.5 to 22.5 percent and an adjusted business free cash flow margin exceeding 14 percent.

About Symrise

Symrise is a global supplier of flavors and fragrances, cosmetic basic and active ingredients as well as functional ingredients. Its customers include perfume, cosmetics, food and beverage manufacturers, the pharmaceutical industry and producers of dietary supplements and pet food. With sales of around €4.9 billion in the 2025 financial year, the company is one of the world’s leading providers. The Group, headquartered in Holzminden, Germany, has more than 100 branches in Europe, Africa and the Middle East, Asia, North and Latin America. Together with its customers, Symrise develops new ideas and marketable concepts for products that have become an indispensable part of everyday life. Economic success and corporate responsibility are inextricably linked. Symrise – always inspiring more.

www.symrise.com

Media Contacts:

Marc Pönitz
Phone: +49 (0)5531 90-1721
E-mail: marc.poenitz@symrise.cpm

Rene Weinberg
Phone: +49 (0)5531 90-1879
E-mail: rene.weinberg@symrise.com

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SOURCE: Symrise