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Symrise AG (SY1.DE)

XETRA - XETRA Delayed Price. Currency in EUR
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101.85-1.00 (-0.97%)
At close: 05:35PM CEST
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Previous close102.85
Bid101.85 x 7700
Ask101.95 x 107900
Day's range101.70 - 104.65
52-week range94.10 - 132.65
Avg. volume295,665
Market cap14.236B
Beta (5Y monthly)0.52
PE ratio (TTM)34.88
EPS (TTM)2.92
Earnings date26 Oct 2022
Forward dividend & yield1.02 (0.99%)
Ex-dividend date04 May 2022
1y target est118.14
  • Reuters

    Symrise hikes forecast as higher prices, demand offset soaring costs

    (Reuters) -German flavour and fragrance maker Symrise forecast faster 2022 sales growth on Tuesday as it seeks to counter soaring cost inflation with price hikes while demand for its products remains robust. The company, whose fragrances go into the perfumes of French luxury giants LVMH and Kering, now sees full-year organic sales growth significantly above 7%, compared with the 5% to 7% range it had forecast in March. The group managed to pass on the bulk of the higher costs to customers in the first half of the year, but still had a "little ways to go", Chief Executive Heinz-Juergen Bertram told reporters in a call.