Symrise 9-month core profit up on strong Latin America business
FRANKFURT Nov 13 (Reuters) - German fragrance and flavours maker Symrise posted double-digit growth in nine-month core earnings, helped by strong business in emerging markets, particularly Latin America.
Earnings before interest, tax, depreciation and amortisation (EBITDA) reached 330.9 million euros ($412 million) in the nine months through September, the group said on Thursday.
Symrise, which competes with Givaudan, unlisted Firmentech and IFF, confirmed its outlook for an EBITDA margin of more than 20 percent in 2014.
($1 = 0.8035 euro) (Reporting by Kirsti Knolle; Editing by Maria Sheahan)
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