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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Symrise
Symrise (SY1) investor relations material
Symrise Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary28 Oct, 2026
Executive summary
Q3 organic sales growth reached 5.3%, predominantly volume-driven, with both segments contributing and more favorable year-over-year comparables.
Asia Pacific led regional growth, supported by strong Latin American and solid North American performance; EAME growth was moderate.
Financial highlights
Q3 reported sales were €1,310.4m versus €1,222.5m; organic growth was 5.3%, comprising 6.1% volume growth and 0.8% negative pricing.
Q3 portfolio impact was -0.5% and FX contribution was 2.3%; 9M sales were €3,849.8m versus €3,776.2m, with 3.0% organic growth.
Terpenes generated approximately €130m in annual sales; its portfolio impact will occur in two stages and extend beyond the usual 12-month period.
Outlook and guidance
FY 2026 guidance reaffirmed: organic sales growth of 2%–4%, adjusted EBITDA margin of 21.5%–22.5%, and adjusted business free cash flow margin above 14%.
Full-year organic growth is expected near the guidance midpoint; adjusted EBITDA margin is expected in the lower half, reflecting investment in IT, innovation and capabilities.
Q4 organic growth is expected to moderate sequentially below Q3 against higher comparables; midterm targets remain unchanged.
2025–2028 targets are 5%–7% organic sales CAGR, 21%–23% EBITDA margin and above 14% BFCF margin.
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Latest events from Symrise
- Q2 organic sales growth accelerated to 4.5%, with strong cash flow and reaffirmed 2026 guidance.SY1
Q2 2026 - Q1 2026 organic sales declined 0.4%, but full-year growth and margin guidance are reaffirmed.SY1Q1 2026 TU
- Record organic growth and profitability in 2025, with strong margin and cash flow outlook for 2026.SY1Q4 2025 (Media)
- Record profitability, strong cash flow, and a €400M buyback highlight robust 2025 results.SY1Q4 2025
- Double-digit organic growth, margin expansion, and robust cash flow drive strong H1 2024 results.SY1Q2 2024
- 9M organic sales growth reached 11.1%; FY 2024 guidance is ~7% excluding hyperinflation.SY1Q3 2024 TU
- 8.7% organic growth and record EBITDA supported FY 2025 targets.SY1Q4 2024
- 8.7% organic growth, record EBITDA, and margin gains set the stage for strong 2025 targets.SY1Q4 2024 TU
- Q1 organic sales grew 4.2% to €1,317m, with strong segment momentum and reaffirmed 2025 guidance.SY1Q1 2025 TU
Next Symrise earnings date
Q4 20265 Mar, 2027
Symrise
Next Symrise earnings date
Q4 20265 Mar, 2027
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Frequently asked questions
Symrise AG 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.