Symrise, a global supplier of fragrances and flavourings, cosmetic base and active ingredients as well as functional ingredients for the pet industry, has strengthened its growth trajectory in the first half of the year. The Germany-based company achieved an increase in turnover of 6.3 per cent to 2 565 mio euros (same period of the previous year: 2 414 mio euros).
"The main driver of profitability was the slightly more favourable use of materials and, above all, the efficiency programme initiated in the first quarter, which was consistently implemented in the second quarter and has already generated around half of the targeted savings of around 50 mio euros," said a company spokesperson.