14.12.2023 Symrise AG  DE000SYM9999

EQS-Adhoc: Symrise AG: Updated sales and profitability development 2023


 

EQS-Ad-hoc: Symrise AG / Key word(s): Change in Forecast
Symrise AG: Updated sales and profitability development 2023

14-Dec-2023 / 18:03 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


14.12.2023 / 17:30 CET
Publication of insider information in accordance with Article 17 of Regulation (EU) No. 596/2014, transmitted by EQS News - a service of the EQS Group AG.
The issuer/publisher is responsible for the content of the announcement.

 

Updated sales and profitability development 2023

Symrise revises expectation for 2023 fiscal year

 

An organic growth of over 7 % is now expected for 2023 and it thus exceeds the previous forecast of 5 to 7 %. Sales for the full year would then amount to around € 4.7 billion.
 
Considering special effects, Symrise now expects an adjusted EBITDA margin of 19 to 19.5 % and is hence slightly below the previous forecast of around 20 %. Reasons for this are especially reevaluations for inventories due to lower raw material prices, and negative currency translation effects.
 
In addition, the delayed reduction in inventories is impacting profitability for the current fiscal year. Due to healthy demand, the management is confirming the long-term targets. Annual organic growth of 5 to 7 % (CAGR) should be achieved by 2028. Profitability (EBITDA margin) should remain within a target corridor of 20 to 23 %.
 
Symrise will announce the detailed results for the full year 2023 on March 6, 2024.

 www.symrise.com

Media contact:                                                 Contact: Investor Relations:
Bernhard Kott                                                 Tobias Erfurth
Tel.: +49 55 31 90-17 21                                   Tel.: +49 55 31 90-1879
Email: [email protected]                   Email: [email protected]



End of Inside Information

14-Dec-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Symrise AG
Mühlenfeldstraße 1
37603 Holzminden
Germany
Phone: +49 (0)5531 90 0
E-mail: [email protected]
Internet: www.symrise.com
ISIN: DE000SYM9999, DE000SYM7787, DE000SYM7704
WKN: SYM999
Indices: DAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1797343

 
End of Announcement EQS News Service

1797343  14-Dec-2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 2.996,29 3.154,03 3.407,85 3.520,45 3.825,69 4.618,48 4.730,19
EBITDA1,2 630,31 630,52 685,07 742,08 813,62 795,42 851,65
EBITDA-Marge3 21,04 19,99 20,10 21,08 21,27 17,22
EBIT1,4 431,59 433,97 455,35 487,51 558,96 503,98 559,36
EBIT-Marge5 14,40 13,76 13,36 13,85 14,61 10,91 11,83
Jahresüberschuss1 275,65 297,69 297,88 314,95 385,03 290,70 344,94
Netto-Marge6 9,20 9,44 8,74 8,95 10,06 6,29 7,29
Cashflow1,7 396,18 441,79 546,76 635,68 521,56 360,11 719,51
Ergebnis je Aktie8 2,06 2,08 2,12 2,22 2,70 2,00 2,44
Dividende8 0,88 0,90 0,95 0,97 1,02 1,10 0,85
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
Symrise
WKN Kurs in € Einschätzung Börsenwert in Mio. €
SYM999 99,860 Halten 13.957,64
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
29,37 38,24 0,77 44,60
KBV KCV KUV EV/EBITDA
4,01 19,40 2,95 19,52
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
1,10 1,10 1,10 15.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
25.04.2024 01.08.2024 24.10.2024 06.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-2,82% 2,21% 0,22% -8,76%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Symrise AG  ISIN: DE000SYM9999 können Sie bei EQS abrufen


Chemie , SYM999 , SY1 , XETR:SY1