Symrise is continuing to grow

Sales in the 2006 financial year were 7.0 per cent higher than in the previous year (EUR 1.15 billion) at about EUR 1.23 billion. Adjusted EBITDA improved even more in the same period, by EUR 50 million from EUR 193 million to about EUR 243 million. The EBITDA margin increased considerably as a result, reaching about 19.8 per cent in the 2006 financial year after 16.8 per cent in the previous year.

Symrise was equally successful in both areas of operation: in the Flavor & Nutrition operations, provisional calculations show that sales increased by 7.5 per cent from EUR 541 million in the previous year to EUR 582 million. Adjusted EBITDA rose 23.5 per cent to EUR 130 million. Sales in the Scent & Care operations were increased by 6.5 per cent from EUR 608 million to EUR 647 million. EBITDA were 29.2 per cent higher at EUR 113 million.

Dr Gerold Linzbach, Chairman of the Management Board of Symrise AG: “With the strong growth achieved in the 2006 financial year, Symrise enjoyed the benefits of the comprehensive restructuring exercises and technological product innovations in the previous years. We reached our ambitious targets in every respect and grew substantially faster than the market. In the first weeks of the current fiscal year this dynamic development has continued. We are therefore confident for 2007.”

About Symrise:
Symrise is a global supplier of fragrances, flavors and raw materials and active ingredients for the perfume, cosmetics and food industries. With sales of €1.23 bn in 2006, the company is among the top four in the international flavors and fragrances market. Headquartered in Holzminden, Germany, the company maintains a total of 31 locations in Europe, the United States, the Asia Pacific region, as well as in South America. With over 40 registered patents each year, Symrise is one of the most innovative manufacturers on the market. Our products are used by perfume, cosmetics and food manufacturers and are essential features of everyday life today. Combining consumer insights and technology, Symrise focus on the development of innovative trend and lifestyle products with a specific additional benefit for the consumer. Symrise - Always inspiring more…

Press inquiries:
red roses communications
Katja Derow
Tel. +49 (0) 40 46 96 77 0 10

Kirchhoff Consult AG
Dr Kay Baden
Tel. +49 (0) 40 60 91 86 50

Disclaimer:
These materials are not an offer of securities for sale in the United States. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, (the Securities Act), and may not be offered or sold in the United States absent registration or pursuant to an available exemption from registration under the Securities Act. Any public offering of securities of Symrise AG to be made in the United States would have to be made by means of a prospectus that could be obtained from Symrise AG and that would contain detailed information about the company and management, as well as financial statements. Neither Symrise AG nor EQT III fund intends to register any securities referred to herein in the United States.