Symrise reports 1.5B sales in Q1 FY26 amid strategic transformation
The results show a portrait of a company in deliberate, managed transition, absorbing short-term pressure points while methodically building the infrastructure for accelerated, sustainable growth.
GERMANY – Symrise AG has showcased resilient performance in the first quarter of 2026, navigating market challenges through strategic initiatives while upholding its annual growth targets.
Symrise recorded an organic sales drop of 0.4% year-over-year, reaching about €1,249 million (USD 1.46 billion) from €1,317 million (USD 1.54 billion) the previous year, a result better than expected.
This outcome stemmed from precise pricing strategies, effective sales operations, and enhanced internal efficiency, alongside progress in customer-focused innovations and product introductions.
Growth occurred organically in Asia Pacific, North America, and Latin America due to steady demand and robust project pipelines, while Europe, Africa, and the Middle East saw declines that matched forecasts, amid tough prior-year figures.
Dr Jean Yves Parisot, CEO of Symrise AG, stated, “2026 marks a pivotal year – one where execution drives our increasing differentiation and further strengthens our position for the future.”
“With our compelling ONE Symrise strategy and a talented team of Symrisers, we are confident in our ability to realize the full potential of Symrise and deliver durable, profitable growth.”
The Scent & Care segment experienced a 3.4% organic decline to €500 million (USD 585 million) from €538 million (USD 630 million): Fragrance advanced with low-single-digit growth (mid-single-digit in Consumer Fragrance, low-single-digit in Fine Fragrance).
The Care & Wellness fell low-double-digits due to sharp declines in UV filters, and Aroma Molecules declined mid-single-digits, softened by strong Special Fragrance Ingredients.
Meanwhile, in Taste, Nutrition & Health, organic sales rose 1.7% to €749 million (USD 877 million) from €779 million (USD 912 million), with Food & Beverage posting low-single-digit gains fueled by mid-single-digit advances in Naturals, Savory, and low-single-digit in Beverages.
Pet Food also grew low-single-digit, led by Pet Palatability, though Pet Nutrition dipped slightly amid price adjustments.
The ONE SYM program gained momentum in 2026, prioritizing innovation, sales excellence, scaling, and digital tools on a solid base, refining portfolios, sharpening execution, and aligning operations to handle market shifts and foster long-term profitable growth.
Symrise confirmed its 2026 guidance, projecting sequential organic sales recovery driven
by operations, client ties, and core market strength: 2.0-4.0% organic growth, 21.5-22.5% adjusted EBITDA margin, and over 14.0% adjusted Business Free Cash Flow margin.
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