Symrise honored with Partner to Win Award at Unilever’s 2025 Ceremony

UK – Symrise AG, a German producer of flavours and fragrances, was honored with the renowned Partner to Win Award at Unilever’s 2025 Awards Ceremony in London.

Unilever acknowledged Symrise’s initiative, Bridging the Gap, which aims to transform mint supply chains through decarbonisation, sustainability, and empowerment.

The initiative focuses on redefining India’s mint supply chains and addresses environmental, social, and economic challenges.

The program has successfully implemented renewable energy solutions, water-efficient systems, and climate-smart agricultural practices by engaging 25,000 farmers in Uttar Pradesh.

These efforts have ensured sustainable sourcing for Unilever’s Oral Care brands while enhancing farmer resilience, increasing incomes, and stabilising the supply chain.

Dr. Jean-Yves Parisot, CEO of Symrise, said, “We thank Unilever for the great partnership and the recognition of our work.”

“This award highlights the strength of our strategic collaboration with Unilever, driving innovation and sustainability in the mint supply chain.”

Meanwhile, Symrise launched Mindera, a new line of plant-derived ingredients.

The product is designed to safeguard leave-on cosmetic products such as emulsions, serums, and conditioners against microbial contamination.

The range features four ingredients with multifunctional benefits tailored for various skincare applications.

 FY 2024

Recently, the company reported sales of Euro 4.9 billion (USD 5.38 billion), representing a 5.7% increase in its financial year 2024.

Organic sales growth was 8.7 %, excluding portfolio and currency translation effects. (EBITDA) increased to € 1.3 billion (USD 1.43 billion) from € 903 million (USD 991.78 million). 

Dr. Jean-Yves Parisot, Chief Executive Officer of Symrise, said, “Symrise achieved strong and profitable growth in the past fiscal year, again outperforming the market by a significant margin.”

“Our ONE Symrise strategy gives us a strong foundation for leveraging our potential in what remains a challenging geopolitical and economic environment.”

He mentioned that they are poised to achieve another solid, sustainable, and profitable result in the current fiscal year due to a constant focus on growth, efficiency, and further portfolio optimisation.

Net income attributable to Symrise AG shareholders totaled €478 million (USD 525 million), €138 million (USD 151.57 million) higher than the previous year’s figure of €340 million (USD 373.43 million).

Outlook

The Group predicted it will grow faster than the relevant market, with a long-term growth of around 3% to 4%.

The Group’s expected long-term growth rate of 5% to 7% (CAGR) remains unchanged and is also anticipated to be achieved by 2025.

Symrise aims to achieve an EBITDA margin of approximately 21% in 2025 and, in the medium term, 21% to 23%.

The business aims for a free cash flow of more than 14% of sales in the midterm.

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