symrise ag-unspon adr (SYIEY) Key Developments
Symrise AG Presents at Consumer Ingredients Conference, Nov-25-2014
Nov 22 14
Symrise AG Presents at Consumer Ingredients Conference, Nov-25-2014 . Venue: .P. Morgan, 25 Bank Street, Canary Wharf, E14 5JP, London, United Kingdom.
Symrise AG Announces Unaudited Consolidated Earnings Results for the Nine Months of 2014; Provides Earnings Guidance for the Full Year of 2014
Nov 13 14
Symrise AG announced unaudited consolidated earnings results for the nine months of 2014. For the nine months, the company reported sales of EUR 1,530.0 million against EUR 1,401.2 million a year ago. EBITDA was EUR 330.9 million against EUR 290.2 million a year ago. EBIT was EUR 258.2 million against EUR 223.8 million a year ago. Net income for the period was EUR 160.8 million against EUR 139.9 million a year ago. Earnings per share were EUR 1.30 against EUR 1.148 a year ago. Cash flow from operating activities was EUR 218.7 million against EUR 176.2 million a year ago. Normalized EBIT is up by 21% to EUR 271 million. Normalized net income grew by 26% and normalized EPS for the quarter is at EUR 0.52
The company expects to see good momentum in both of its business segments in the remaining weeks of 2014.
Symrise AG Presents at German Equity Forum 2014, Nov-26-2014 10:30 AM
Nov 12 14
Symrise AG Presents at German Equity Forum 2014, Nov-26-2014 10:30 AM. Venue: Frankfurt, Germany. Speakers: Britta Wöhner, Tobias Erfurth, Head of Investor Relations.
Symrise AG Presents at Morgan Stanley Global Consumer Conference 2014, Nov-19-2014
Nov 5 14
Symrise AG Presents at Morgan Stanley Global Consumer Conference 2014, Nov-19-2014 . Venue: Crown Plaza Times Square, New York, New York, United States.
Symrise AG Launches New Subsidiary Nigeria LTD in Lagos, Nigeria
Oct 21 14
Symrise AG launched a new subsidiary in Lagos, Nigeria. With this move, it is strengthening its presence in Africa. The location will include sales and marketing offices as well as application laboratories. Symrise will use the market insights from its presence in the area to serve both local and multinational customers with products specifically tailored for the West African market. Symrise has incorporated its subsidiary under the name Nigeria LTD. It will be situated in a business park in the Ikeja suburb of Lagos State, Nigeria. The facilities will host both segments Scent & Care, including Life Essentials, as well as Flavor & Nutrition. They will serve both local and multinational customers that are present in the West African market. Activities will range from sales and marketing to application laboratories to develop flavors and fragrances specifically tailored for the local market. With its local infrastructure, Symrise will be able to offer customers closer support as well as faster, more direct dialogue to anticipate and satisfy their needs and market requirements.