Symrise AG
ISIN: DE000SYM9999
WKN: SYM999
12 September 2024 02:03PM

EQS-News: Executive Board of Symrise AG reorganized

Symrise AG · ISIN: DE000SYM9999 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 1986821

EQS-News: Symrise AG / Key word(s): Personnel
Executive Board of Symrise AG reorganized

12.09.2024 / 14:03 CET/CEST
The issuer is solely responsible for the content of this announcement.


Press release

Holzminden, September 12, 2024

Executive Board of Symrise AG reorganized
  • Walter Ribeiro appointed Board Member for the Taste, Nutrition & Health segment
  • Jörn Andreas leaves Symrise at his own request and on the best of terms
  • Jean-Yves Parisot takes over as interim head of the Scent & Care segment
The Supervisory Board of Symrise AG has appointed Walter Ribeiro to the Executive Board with effect from September 15, 2024. Ribeiro will take over the management of the Taste, Nutrition & Health (TN&H) segment, which was previously headed by CEO Dr. Jean-Yves Parisot. At the same time, Dr. Jörn Andreas steps down as a member of the Executive Board of Symrise AG as of September 30, 2024 to pursue his professional career outside Symrise. Until a successor is decided, Dr. Parisot will temporarily lead the Scent & Care (S&C) segment, for which Dr. Andreas was previously responsible.

Michael König, Chairman of the Supervisory Board of Symrise AG: "With Walter Ribeiro, another internationally experienced manager from within the company's own ranks has been appointed to the Executive Board. As global head of our Food & Beverage division, Walter Ribeiro has played a significant role in Symrise's successful transformation into a leading provider in the field of nutrition in recent years. With him, the TN&H segment will be in the very best hands."

At the same time, Dr. Jörn Andreas has decided to leave Symrise on his own request to continue his career outside the company. With his departure, Dr. Jean-Yves Parisot will temporarily take over the management of the Scent & Care segment. The search for a successor for the management of the segment has already been initiated.

"In thirteen years at Symrise, Dr. Jörn Andreas has taken on increasing responsibility in Germany and abroad. In his role on the Board of Management, he most recently made a significant contribution to the successful realignment of the Scent & Care segment, for which we owe him a great debt of gratitude. We wish him all the best for his professional and private future," König continued.

Dr. Jean-Yves Parisot: "Walter Ribeiro is an extremely experienced and highly valued colleague.  Together in the Executive Board, we will now work on the successful further development of Symrise. I would like to thank Jörn Andreas for his very high contribution to the success of Symrise in the past years. We very much regret his departure; the entire board wishes him continued success in his new professional path."

Ribeiro (53) comes from Brazil and has lived with his family in Holzminden, the headquarters of Symrise AG, for many years. He has spent almost his entire professional career at Symrise in various management positions in Germany and abroad, including cross-segment management positions. Most recently, Ribeiro was responsible for the global Food & Beverage division in the Taste, Nutrition & Health segment.

Contact:
Bernhard Kott
Tel.: +49 (0)5531 90-1721
E-mail: bernhard.kott@symrise.com

About Symrise: Symrise is a global supplier of fragrances, flavorings, cosmetic active ingredients and raw materials, as well as functional ingredients. Its clients include manufacturers of perfumes, cosmetics, food and beverages, the pharmaceutical industry and producers of nutritional supplements and pet food. Its sales of approximately € 4.7 billion in the 2023 fiscal year make Symrise a leading global provider. Headquartered in Holzminden, Germany, the Group is represented in more than 100 locations in Europe, Africa, the Middle East, Asia, the United States and Latin America. Symrise works with its clients to develop new ideas and market-ready concepts for products that form an indispensable part of everyday life. Economic success and corporate responsibility are inextricably linked as part of this process. Symrise – always inspiring more…
www.symrise.com
 


12.09.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Symrise AG
Mühlenfeldstraße 1
37603 Holzminden
Germany
Phone: +49 (0)5531 90 0
E-mail: ir@symrise.com
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: 1986821

 
End of News EQS News Service

1986821  12.09.2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 3.154,03 3.407,85 3.520,45 3.825,69 4.618,48 4.730,19 5.065,00
EBITDA1,2 630,52 685,07 742,08 813,62 795,42 851,65 1.120,00
EBITDA-Margin3 19,99 20,10 21,08 21,27 17,22 18,01 22,11
EBIT1,4 433,97 455,35 487,51 558,96 503,98 559,36 815,00
EBIT-Margin5 13,76 13,36 13,85 14,61 10,91 11,83 16,09
Net Profit (Loss)1 297,69 297,88 314,95 385,03 290,70 344,94 455,00
Net-Margin6 9,44 8,74 8,95 10,06 6,29 7,29 8,98
Cashflow1,7 441,79 546,76 635,68 521,56 360,11 719,51 0,00
Earnings per share8 2,08 2,12 2,22 2,70 2,00 2,44 3,25
Dividend per share8 0,90 0,95 0,97 1,02 1,10 1,10 1,20
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Ernst & Young

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INVESTOR-INFORMATION
©boersengefluester.de
Symrise
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
SYM999 DE000SYM9999 AG 14.207,83 Mio € 11.12.2006 Halten 9F3FRFG4+5W
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
28,63 37,92 0,76 45,40 4,09 19,75 3,00
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
1,10 1,10 1,20 1,18%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
20.05.2025 29.04.2025 30.07.2025 24.10.2024 27.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-0,44%
101,65 €
ATH 132,65 €
-7,65% -8,36% +2,02% +3,07% +489,28%

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