Symrise AG (ETR: SY1)

Symrise AG Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	4,882	4,730	4,618	3,826	3,520	3,408
Revenue Growth (YoY)	2.30%	2.42%	20.72%	8.67%	3.30%	8.05%
Cost of Revenue	3,053	3,038	2,916	2,347	2,130	2,047
Gross Profit	1,829	1,693	1,702	1,479	1,390	1,361
Selling, General & Admin	977.18	951.62	938.54	784.71	736.72	716.75
Research & Development	269.83	265.71	254.49	220.74	212.3	213.35
Other Operating Expenses	-37.67	-60.59	-58.97	-23.06	-8.56	-42.2
Operating Expenses	1,209	1,157	1,134	982.39	940.46	887.9
Operating Income	619.73	535.83	568.03	496.44	450.02	472.68
Interest Expense	-91.54	-94.72	-58.92	-38.87	-57.83	-51.43
Interest & Investment Income	13.95	14.61	7.8	3.6	3	4.89
Earnings From Equity Investments	5.81	9.23	-113.27	4.72	3.53	-1.19
Currency Exchange Gain (Loss)	3.1	3.1	-8.2	-8.2	-9.59	-0.55
Other Non Operating Income (Expenses)	-1.61	-1.61	-1.35	12.91	0.47	1.26
EBT Excluding Unusual Items	549.44	466.45	394.09	470.59	389.59	425.67
Merger & Restructuring Charges	-	-	-	-	-	-16.3
Gain (Loss) on Sale of Investments	0.8	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	36.92	36.2	13.17	0.16
Asset Writedown	-17.9	-	-	-	-	-
Other Unusual Items	-15.8	-15.8	-12.2	-2.9	20.8	-
Pretax Income	530.84	464.95	431.11	516.19	423.56	409.53
Income Tax Expense	134.68	120.01	140.42	131.16	108.61	111.64
Earnings From Continuing Operations	396.16	344.94	290.7	385.03	314.95	297.88
Minority Interest in Earnings	-3.76	-4.47	-10.69	-10.11	-8.08	-6.83
Net Income	392.39	340.47	280.01	374.92	306.87	291.06
Net Income to Common	392.39	340.47	280.01	374.92	306.87	291.06
Net Income Growth	64.36%	21.59%	-25.32%	22.18%	5.43%	5.71%
Shares Outstanding (Basic)	140	140	140	137	135	135
Shares Outstanding (Diluted)	140	140	140	139	140	139
Shares Change (YoY)	-0.13%	-	0.66%	-0.66%	0.45%	3.72%
EPS (Basic)	2.81	2.44	2.00	2.74	2.27	2.16
EPS (Diluted)	2.81	2.44	2.00	2.70	2.22	2.12
EPS Growth	64.57%	21.59%	-25.80%	21.41%	4.90%	1.85%
Free Cash Flow	605.67	470.64	130.31	367.24	505.02	395.66
Free Cash Flow Per Share	4.33	3.37	0.93	2.64	3.61	2.84
Dividend Per Share	1.100	1.100	1.050	1.020	0.970	0.950
Dividend Growth	4.76%	4.76%	2.94%	5.15%	2.11%	5.56%
Gross Margin	37.47%	35.78%	36.85%	38.66%	39.50%	39.92%
Operating Margin	12.69%	11.33%	12.30%	12.98%	12.78%	13.87%
Profit Margin	8.04%	7.20%	6.06%	9.80%	8.72%	8.54%
Free Cash Flow Margin	12.41%	9.95%	2.82%	9.60%	14.35%	11.61%
EBITDA	898.06	793.86	830.53	748.92	703.49	701.51
EBITDA Margin	18.40%	16.78%	17.98%	19.58%	19.98%	20.58%
D&A For EBITDA	278.33	258.03	262.5	252.48	253.48	228.83
EBIT	619.73	535.83	568.03	496.44	450.02	472.68
EBIT Margin	12.69%	11.33%	12.30%	12.98%	12.78%	13.87%
Effective Tax Rate	25.37%	25.81%	32.57%	25.41%	25.64%	27.26%

Source: S&P Capital IQ. Standard template. Financial Sources.