Symrise AG determinedly continued its successful course in the second quarter of 2016 and achieved substantial increases in sales and earnings. The Group benefited from strong demand in both segments. Growth was moreover driven by US-based Pinova Group, consolidated since the first quarter. In the first half year, Symrise increased its sales by 10 % (local currency: 16 %) to € 1,462.5 million (H1 2015: € 1,330.8 million). Earnings before interest, taxes, depreciation and amortization without special items from the Pinova acquisition and integration (EBITDAN) increased year-on-year by 8 % to € 323.3 million (H1 2015: € 300.3 million). With an EBITDAN margin of 22.1 %, Symrise is again among the most profitable companies in the industry. Dr. Heinz-Jürgen Bertram, CEO of Symrise AG, said: "After the successful first half year, we are completely on track. We have seized opportunities and substantially increased our sales and earnings. Moreover, with a clear goal in mind, we have implemented a number of strategic initiatives to diversify our portfolio. We have added to our competencies, both in the flavors and fragrances business, which we intend to leverage in order to further strengthen our status as a market leader. Despite the political and economic volatility in some countries, we confidently look ahead to the second half of the year. In both segments we anticipate strong demand and again in 2016 we intend to outperform the global flavour and fragrance market."