Symrise : Reporting Fact Sheet Fiscal Year 2019

Financial Information FY 2019

Symrise Group

Sales in € million

	5.7 %	1.0 %	1.3 %	8.0 %
	179.3	32.0	42.6
3,154.0				3,407.9
FY 2018	Organic	Portfolio	FX	FY 2019
	growth

Sales by Region in € million

(Organic Growth in %)

410.7				1,430.6
+12.8%	+3.6%

757.9

+7.4%

808.6

+4.2%

   EAME

   Northern America

   Asia/Pacific    Latin America

							FY 2019	Change
in € million			FY 2018	FY 20191	normalized 1,2	in %
Gross profit			1,241.5		1,367.1	1,367.1	10.1
EBITDA			630.5		690.9		707.2		12.2
EBITDA margin	in %		20.0		20.3	20.8
EBIT			434.0		464.2		480.5	10.7
EBIT margin	in %		13.8		13.6		14.1
Depreciation			92.4		123.5		123.5		33.6
Amortization			104.1		103.2	103.2		-0.9
Financial result			- 44.9		- 45.8	- 55.7	24.0
Earnings before income taxes		389.0	418.4		424.8		9.2
Net income3			275.3	298.3	303.5		10.2
Earnings per share4	in €		2.12		2.21		2.25		6.1
R&D expenses			200.4	213.3		213.3		6.4
Investments5			226.1		181.6		181.6		- 19.7
Business Free Cashflow
in % of Sales6			9.9			14.1
Other Key Figures							Dec 31, 2018		Dec 31, 2019
Total assets							4,920.4		5,957.2
Equity							1,944.4		2,464.4
Equity ratio					in %		39.5%		41.4%
Net debt (incl. Provisions for pensions
and similar obligations)7							1,893.1		2,221.5
Net debt (incl. Provisions for pensions
and similar obligations)7/ EBITDAN	ratio		3.0		3.1
Net debt7							1,379.8		1,616.7
Net debt7/ EBITDAN					ratio	2.2		2.3
Employees (balance sheet day)			FTE8		9,647		10,264

Flavor
Sales in € million
	3.8 %		1.8 %	5.6 %
	44.8		21.4						FY 2019	Change
				in € million		FY 2018	FY 20191	normalized1,2	in %
1,191.1				1,257.3	EBITDA		243.9	268.5		10.1
			EBITDA margin	in %	20.5	21.4
					EBIT		193.2	209.4		8.4
					EBIT margin	in %	16.2	16.7
FY 2018	Organic	Portfolio	FX	FY 2019
	growth
Nutrition

Sales in € million

																						FY 2019	Change
									0.1 %	14.5 %	in € million			FY 2018	FY 20191	normalized1,2	in %
			9.3 %	5.0 %
			EBITDA			132.3		144.4		160.7	21.5
						0.9
							32.0
			59.7		731.5				EBITDA margin	in %	20.7		19.7			22.0
		638.8								EBIT			49.0		51.5	67.7	38.2
														EBIT margin	in %		7.7		7.0	9.3
FY 2018	Organic	Portfolio	FX	FY 2019
			growth

Scent & Care

Sales in € million

	5.6 %		1.5%	7.2%
	74.8		20.2
1,324.1				1,419.1
FY 2018	Organic	Portfolio	FX	FY 2019
	growth

							FY 2019	Change
in € million			FY 2018	FY 20191normalized1,2	in %
EBITDA			254.4		278.0			9.3
EBITDA margin	in %	19.2	19.6
EBIT			191.7		203.3				6.0
EBIT margin	in %		14.5		14.3

1	2019 numbers including IFRS 16 effect	3 attributable to shareholders of Symrise AG	6	Adjusted for acquisition and IFRS 16 effects	8 not including apprentices and trainees;
2	Adjusted for transaction and integration costs	4 undiluted	7	2019 including leasing obligations	FTE = full-time equivalent
	related to business combinations	5 without new leasing contracts