23.05.2019 Symrise AG  DE000SYM9999

DGAP-News: Symrise completes EUR 500 million bond placement


 

DGAP-News: Symrise AG / Key word(s): Issue of Debt
Symrise completes EUR 500 million bond placement

23.05.2019 / 18:08
The issuer is solely responsible for the content of this announcement.


  • Successful placement underscores investors' trust in corporate strategy and financial strength
  • Bond issue, with a maturity of 6.5 years, was heavily oversubscribed
  • 1.25 % coupon


Symrise AG has successfully placed a bond on the European capital market. The bond, with a total volume of EUR 500 million, was heavily oversubscribed and was financed under very attractive terms. It is part of the refinancing planned for the current financial year and will replace the euro bond due in July.
 

Olaf Klinger, CFO of Symrise AG, said: "We are pleased to report the successful placement of our third bond, which was very positively received by investors. We have succeeded in raising EUR 500 million at attractive terms and in a very short time. We see the strong demand as a confirmation of our strategy and trust in Symrise."
 

The new Eurobond issue has a 6.5-years maturity and a coupon of 1.25 %. A bank syndicate made up of BNP Paribas, Bank of Tokyo Mitsubishi, SEB and Unicredit supported the placement. The bond will be admitted for trading on the regulated market at the Luxembourg Stock Exchange in EUR 1,000 increments (DE000SYM7720).
 

The bond placement marks the fourth successful capital measure by the group this year. It was preceded by steps to finance the planned acquisition of the US-American ADF/IDF. In February Symrise successfully completed a capital increase totaling EUR 400 million. This was followed in March by the issue of a EUR 250 million debenture ("Schuldscheindarlehn") and the procurement of a syndicated loan of EUR 200 million.
 


About Symrise:

Symrise is a global supplier of fragrances, flavorings, cosmetic active ingredients and raw materials, as well as functional ingredients. Its clients include manufacturers of perfumes, cosmetics, food and beverages, the pharmaceutical industry and producers of nutritional supplements and pet food.

Its sales of approximately EUR 3.2 billion in the 2018 fiscal year make Symrise a leading global provider. Headquartered in Holzminden, Germany, the Group is represented with over 100 sites in Europe, Africa, the Middle East, Asia, the United States and Latin America.

Symrise works with its clients to develop new ideas and market-ready concepts for products that form an indispensable part of everyday life. Economic success and corporate responsibility are inextricably linked as part of this process. Symrise - always inspiring more.

www.symrise.com

 

Media contact: Investor contact:
Bernhard Kott Tobias Erfurth
Phone: +49 (0)5531 90-1721 Phone: +49 (0)5531 90-1879
Email: [email protected] Email: [email protected]


Symrise Social Media:

twitter.com/symriseag
linkedin.com/company/symrise
youtube.com/agsymrise
xing.com/companies/symrise



23.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Symrise AG
Mühlenfeldstraße 1
37603 Holzminden
Germany
Phone: +49 (0)5531 90 0
E-mail: [email protected]
Internet: www.symrise.com
ISIN: DE000SYM9999, DE000SYM7787, DE000SYM7704
WKN: SYM999
Indices: MDAX
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 815409

 
End of News DGAP News Service

815409  23.05.2019 

fncls.ssp?fn=show_t_gif&application_id=815409&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 2.996,29 3.154,03 3.407,85 3.520,45 3.825,69 4.618,48 4.730,19
EBITDA1,2 630,31 630,52 685,07 742,08 813,62 795,42 851,65
EBITDA-Marge3 21,04 19,99 20,10 21,08 21,27 17,22
EBIT1,4 431,59 433,97 455,35 487,51 558,96 503,98 559,36
EBIT-Marge5 14,40 13,76 13,36 13,85 14,61 10,91 11,83
Jahresüberschuss1 275,65 297,69 297,88 314,95 385,03 290,70 344,94
Netto-Marge6 9,20 9,44 8,74 8,95 10,06 6,29 7,29
Cashflow1,7 396,18 441,79 546,76 635,68 521,56 360,11 719,51
Ergebnis je Aktie8 2,06 2,08 2,12 2,22 2,70 2,00 2,44
Dividende8 0,88 0,90 0,95 0,97 1,02 1,10 0,85
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
Symrise
WKN Kurs in € Einschätzung Börsenwert in Mio. €
SYM999 109,650 Halten 15.326,01
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
32,25 38,61 0,84 48,97
KBV KCV KUV EV/EBITDA
4,41 21,30 3,24 21,13
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
1,10 1,10 1,00 15.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
25.04.2024 01.08.2024 24.10.2024 06.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
10,06% 13,57% 10,05% 11,18%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Symrise AG  ISIN: DE000SYM9999 können Sie bei EQS abrufen


Chemie , SYM999 , SY1 , XETR:SY1