trending Market Intelligence /marketintelligence/en/news-insights/trending/yGoBZoGQnphprKMudZ1PQg2 content esgSubNav
In This List

Symrise AG profit misses consensus by 16.0% in H1

Blog

Europe: 5 key OTT trends to watch in 2022

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Symrise AG profit misses consensus by 16.0% in H1

Symrise AG said its normalized net income for the first half amounted to 92 euro cents per share, compared with the S&P Capital IQ consensus estimate of €1.09 per share.

EPS climbed year over year from 89 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €119.3 million, an increase from €115.1 million in the prior-year period.

Total revenue grew on an annual basis to €1.52 billion from €1.46 billion, and total operating expenses increased on an annual basis to €1.30 billion from €1.25 billion.

Reported net income increased 6.0% on an annual basis to €141.8 million, or €1.09 per share, from €133.7 million, or €1.03 per share.