Symrise AG's Pet Food Division returned to organic sales growth in Q3 2026 with low-single-digit gains driven by higher volumes in palatability and pet nutrition businesses, while the broader Taste, Nutrition & Health segment grew 5.2% to €790 million.
- Symrise pet food division achieved low-single-digit organic sales growth in Q3 2026, driven by higher volumes in palatability and nutrition businesses
- The Taste, Nutrition & Health segment reported 5.2% organic growth with Q3 sales of €790 million (US$879 million)
- Nine-month organic sales growth for the segment reached 3.9% with reported sales of €2.32 billion (US$2.58 billion)
- Group-wide organic sales growth reached 5.3% in Q3, with Asia Pacific posting double-digit growth and other regions showing steady expansion
- Symrise reaffirmed full-year 2026 guidance of 2-4% organic sales growth and 21.5-22.5% adjusted EBITDA margin
Symrise AG’s Pet Food Division returned to organic sales growth in the third quarter of 2026. The division recorded low-single-digit organic sales growth, driven by higher volumes in its palatability and pet nutrition businesses. Price normalization in pet nutrition continued during the quarter.
The Pet Food Division is part of Symrise’s Taste, Nutrition & Health segment, which reported third-quarter organic sales growth of 5.2%. Segment sales rose to €790 million (US$879 million), compared with €736 million (US$819 million) in the third quarter of 2025. For the first nine months of 2026, the segment’s organic sales grew 3.9%, with reported sales of €2.32 billion (US$2.58 billion), compared with €2.26 billion (US$2.52 billion) in the prior-year period.
Within the same segment, the Food & Beverage Division posted mid-single-digit organic sales growth. Naturals grew by double digits, sweet by high single digits and savory by mid-single digits, while beverages declined by low single digits against strong prior-year results.
Group results
Symrise reported organic sales growth of 5.3% for the third quarter, mainly from higher volumes. Group sales reached €1.31 billion (US$1.46 billion), compared with €1.22 billion (US$1.36 billion) a year earlier. For the first nine months of 2026, group sales totaled €3.85 billion (US$4.28 billion), compared with €3.78 billion (US$4.2 billion), representing organic sales growth of 3%.
Asia Pacific posted double-digit growth. Latin America and North America also grew, while Europe, Africa and the Middle East recorded moderate growth.
“Our strong third-quarter performance reflects the positive momentum of our businesses in resilient underlying markets, the strength of our customer relationships and the dedication of our teams,” said Jean-Yves Parisot, CEO of Symrise AG. “We continue to create and deliver differentiated value to our customers through disciplined execution. We are advancing our strategic priorities by sharpening our portfolio while progressing our ONE SYM Transformation. We have a clear focus on improving operational efficiencies which we reinvest in innovation, commercial excellence and digital capabilities. Together, these actions are strengthening our competitiveness and reinforcing our ability to deliver durable, profitable growth.”
Full-year outlook
Symrise reaffirmed its 2026 guidance of 2% to 4% organic sales growth, an adjusted EBITDA margin of 21.5% to 22.5% and an adjusted business free cash flow margin above 14%. The company expects full-year organic sales growth near the midpoint of that range, with fourth-quarter growth slowing from the third-quarter level against higher prior-year comparisons. Symrise expects its adjusted EBITDA margin to land in the lower half of the guidance range because of reinvestments in IT, innovation and staff.
Symrise, headquartered in Holzminden, Germany, supplies flavors, fragrances, cosmetic ingredients and functional ingredients to customers including pet food producers. The company reported sales of about €4.9 billion (US$5.45 billion) in 2025.
