H1 sales increased by +3% (organic: +5%) to €1,513m, but the gross profit margin slightly weakened by -20bp to 41.4%. EBITDA improved +3% to €313m, but was unchanged once acquisition-related costs had been stripped out. Income attributable to shareholders was up +3% to €142m Operating CF was sharply higher (+75% to €175m) based on the better operating performance and clearly driven by lower NWC outflows (€-161m after €-203m) given the lower increase in receivable
09 Aug 2017
Scent & Care is showing some weakness
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Scent & Care is showing some weakness
Symrise AG (SY1:WBO) | 0 0 1.0% | Mkt Cap: 8,612m
- Published:
09 Aug 2017 -
Author:
Martin Schnee -
Pages:
3
H1 sales increased by +3% (organic: +5%) to €1,513m, but the gross profit margin slightly weakened by -20bp to 41.4%. EBITDA improved +3% to €313m, but was unchanged once acquisition-related costs had been stripped out. Income attributable to shareholders was up +3% to €142m Operating CF was sharply higher (+75% to €175m) based on the better operating performance and clearly driven by lower NWC outflows (€-161m after €-203m) given the lower increase in receivable