Symrise AG, a listed supplier of fragrances and flavourings to customers including the pet supplies industry, has made a successful start to the current fiscal year. It has reported an increase in first-quarter sales of 12.8 per cent to 1.23 bn euros (previous year: 1.09 bn euros). Portfolio effects deriving from the acquisition of the two French companies Néroli and Romani contributed a total of 15 mio euros to segment sales.
The Taste, Nutrition & Health segment, in which Symrise combines its activities relating to flavour solutions for food and beverages, pet food and healthy nutrition, increased its sales by 15.6 per cent to 776.1 mio euros (previous year: 671.3 mio euros).
The Pet Food division in particular continued its high double-digit growth rate with products for pet food, with the strongest growth stimuli coming from the regions of Europe, Africa and the Middle East (EAME) and Asia/Pacific. A sales boost totalling 10 mio euros resulted from the acquisition of Wing Pet Food in China.
