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Symrise
Symrise (SY1) investor relations material
Symrise Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary4 Mar, 2026
Executive summary
Achieved organic sales growth of 2.8% in 2025, with reported revenues of €4,929 million, despite adverse FX and portfolio effects, and delivered strong profitability with adjusted EBITDA up 4.6% to €1,081 million and margin expansion of 120 bps to 21.9%.
Core flavor and fragrance businesses showed resilience, with strong performance in non-alcoholic beverages, Naturals, Savory, and capacity expansions in key regions, outperforming market growth in core segments.
Efficiency initiatives delivered €50 million in incremental profit, exceeding targets, and the company completed the acquisition of Probi, integrating it into the new Care & Wellness division.
Strategic transformation and portfolio optimization, including divestments of Terpenes and Aqua Feed businesses, and the launch of a new Care & Wellness division, supported durable growth.
Record adjusted business free cash flow of €780 million (15.8% margin), and the launch of a €400 million share buyback program further strengthened financial flexibility.
Financial highlights
Organic sales grew 2.8% year-over-year, driven by 2.2% volume growth and 0.6% pricing; FX was a significant headwind, reducing sales by €194 million, with a reported decline of 1.4%.
Adjusted EBITDA margin expanded by 120 basis points to 21.9%, with €50 million in cost savings and efficiency gains; adjusted EBITDA reached €1,081 million.
Adjusted business free cash flow reached €780 million, with a record margin of 15.8%, up 220 basis points.
Adjusted EPS for 2025 was €3.67, up 7.2% year-over-year; reported EPS was €1.78 due to non-cash impairments.
16th consecutive dividend increase proposed, to €1.25 per share (+4.2% year-over-year).
Outlook and guidance
2026 organic sales growth expected in the range of 2.0%-4.0%, with adjusted EBITDA margin of 21.5%-22.5% and business free cash flow margin above 14%.
Q1 2026 organic sales expected to decline low single digits year-over-year due to tough comparables and macro uncertainty, with growth expected to accelerate in the second half.
Midterm targets reaffirmed: annual organic sales growth of 5%-7%, EBITDA margin of 21%-23%, and business free cash flow margin above 14% for 2025-2028.
ONE SYM Phase 2 growth drivers for 2026
Why is Q1 2026 organic growth expected to decline?
Explain the 2025 non-cash impairment charges
Explain Care & Wellness division's strategic role
Impact of Pet Food strategic price actions
Rationale for new share buyback and leverage target
What drives the Q1 2026 organic sales decline?
Care & Wellness division: mid-term value driver?
What drove the record 2025 free cash flow margin?
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Next Symrise earnings date
Q1 202629 Apr, 2026
Symrise
Next Symrise earnings date
Q1 202629 Apr, 2026
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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.
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