The skilled German company in prime matters for the cosmetic industry presented recently the economic results of this first semester of 2022. In the press release, Symrise confirmed that it experienced a strong increase in what sales and income.
By a part, explained that it perceivedan organic growth of the sales of 10,2%, and taking into account the exchange rate, in the coin of reference, meant an increase in sales of 18,5%, that did them situate in 2.260 million euros, in front of the 1.908 million euros of the same period in the year 2021.
The income entos also surpassed the register of the first 6 months of the past 2021. In 2022 the company has reported 229 million euros, whereas in 2021 the figure remainedin 196 million euros, what supposes an increase of 16,6%.
Heinz-Jürgen Bertram, Executive Director of Symrise, affirms that they are some results of which feelvery proud by the difficulties to which have confrontedduring this 2022: "In spite of the rise of prices, the war between Russia and Ukraine has done that we follow with our profitability and growth during this course. The demand increased of significant way in a lot of areas, as well as the customers that looked for products for cosmetics, fine scents and feeding for pets. We have increased our forecasts of sales now are aiming to an organic growth of the sales significantly above 7% for the fiscal year that is in course."
Regarding the sales in the active cosmetics attained a growth in all the regions, and in some of them with significant increases, as for example in EAME and Latin America. These numeros come partly thanks to the acquisition of the business of Fragance and Aroma Chemical, Giraffe, Schaffelaarbos, Groupe Néroli and Romani and the sale of Velcorin.