Symrise Earnings: Organic Sales Growth Rebounds, Though Still Below Midterm Targets
Symrise reported organic sales growth of 4.5% in the second quarter, a sharp turnaround from the 0.4% decline in the first quarter. The result comfortably beat consensus expectations of 3% organic growth, while EBITDA margin came in line. Shares were up around 5% in intraday trading on July 30.