... but there are some profitability ‘clouds’ on the horizon. Symrise reported good FY figures and the top-line beat our expectations. Looking at the real figures, the company also provides some kind of adjusted figures too, profitability was held back, when compared to our estimates and also for consensus. A positive point was the higher gross profit margin. The 2020 guidance looks strong, if not ambitious.
10 Mar 2020
Confirmation of our positive view...
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Confirmation of our positive view...
Symrise AG (SY1:WBO) | 0 0 1.0% | Mkt Cap: 8,612m
- Published:
10 Mar 2020 -
Author:
Martin Schnee -
Pages:
3
... but there are some profitability ‘clouds’ on the horizon. Symrise reported good FY figures and the top-line beat our expectations. Looking at the real figures, the company also provides some kind of adjusted figures too, profitability was held back, when compared to our estimates and also for consensus. A positive point was the higher gross profit margin. The 2020 guidance looks strong, if not ambitious.