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Monday, August 12, 2019 7:24:58 PM
Symrise reports “strong revenue growth” for H1 2019, organic sales up by 6.2 percent.
"The company also plans targeted investments in additional organic growth and through strategic acquisitions and remains committed to generating more than half of its sales in emerging markets.
The company’s sharpened focus on health and naturalness taps into the growing trend of today’s mindful consumers who are seeking exciting sensory experiences that preserve their health and well-being. It also comes as naturalness in flavors is expected to lead the way in 2019, although classic flavors are still anticipated to be in high demand across all categories.
In May, Symrise formed a new strategic partnership with US-based Califormulations LLC, a unique platform designed to deliver “end-to-end beverage innovation” to consumer packaged goods (CPG) companies and their brands. In July, the company opened a new liquid flavoring production line at its expanded Rogovo, Russia site. The move expands the German company’s target customer group to include suppliers of sweets, dairy products and beverages, from its previous base of snack and ready meal suppliers."
https://m.foodingredientsfirst.com/news/symrise-reports-strong-revenue-growth-for-h1-2019-organic-sales-up-by-62-percent.html
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