Credit: Symrise

Credit: Symrise

Germany: Symrise Reports Solid H1 2026 Performance with Accelerating Growth Momentum in Q2

Symrise AG, a global supplier of flavors, fragrances, and cosmetic and functional ingredients, delivered a solid first half of 2026, with organic sales growth improving through the second quarter despite a still-soft macroeconomic environment. The acceleration was driven by continued strength in Food & Beverage, Consumer Fragrance, and Aroma Molecules, supported by rebounding momentum in North America and Asia Pacific.

For the first six months of 2026, Symrise reported sales of €2,539 million and organic sales growth of 2.0%, accelerating to 4.5% in the second quarter alone. H1 adjusted EBITDA reached €553 million, a margin of 21.8%, while adjusted Business Free Cash Flow rose 450 basis points to €347 million, a margin of 13.7%. Earnings were supported by profitable sales growth and efficiency measures, partly offset by investments in the company's ONE SYM transformation program and higher logistics costs tied to Middle East geopolitical tensions.

As part of its ONE Symrise Strategy, the company submitted a binding offer for Floral Concept, a premium naturals house in France's Pays de Grasse region, aimed at strengthening its position in Premium Naturals within Fine Fragrance. "We saw increasing momentum in the second quarter, driven by disciplined execution across our businesses and strong demand in Food & Beverage, Consumer Fragrance and Aroma Molecules," said CEO Dr. Jean Yves Parisot. "Based on our first half performance and current momentum, we remain confident in delivering our 2026 outlook and creating durable long-term value."

Within Taste, Nutrition & Health, the Food & Beverage division posted market-leading mid-single-digit organic sales growth in Q2, driven by high-single-digit growth in Savory and Naturals. The segment overall achieved H1 organic sales growth of 3.2%, with reported sales of €1,530 million and adjusted EBITDA of €375 million (24.5% margin).

Symrise reaffirmed its full-year 2026 outlook: organic sales growth of 2% to 4%, an adjusted EBITDA margin of 21.5% to 22.5%, and adjusted Business Free Cash Flow margin above 14%.

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