Symrise Shares Plunge as Company Flags Slower Growth and Margin Pressure
Symrise shares fell as much as 12% on Wednesday after the German flavor and fragrance maker flagged slower year-end growth and margin pressure. It maintained full-year guidance while specifying its forecast to account for spending on IT, innovation and people.
By Jesus CaleroSymrise XETR:SY1 shares plunged as much as 12% on Wednesday after the German flavor and fragrance maker flagged slower year-end growth and margin pressure.The group maintained its full-year guidance but specified its forecast, to account for spending on IT, innovation and people.It n…