Symrise Receives Inaugural Investment Grade Credit Ratings from S&P Global and Moody’s

Press release
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Holzminden, 12 September 2025

Symrise Receives Inaugural Investment Grade Credit Ratings from S&P Global and Moody’s

• Agencies have issued BBB+ rating (S&P Global) and Baa1 rating (Moody’s), both with stable outlook
• Reflects Symrise’s financial strength, operational rigor, and robust ONE Symrise strategy

Symrise AG, a leading global supplier of fragrances and flavors, cosmetic ingredients as well as functional ingredients, today announced that it has received inaugural investment grade credit ratings from S&P Global Ratings (“S&P Global”) and Moody’s Ratings (“Moody’s”). The agencies have assigned long-term issuer ratings of BBB+ (S&P Global) and Baa1 (Moody’s), both with stable outlooks.

According to S&P Global and Moody’s, the ratings reflect Symrise’s ability to create value through key strengths, such as an excellent market position, solid financial performance, prudent risk management, and a unique, diversified portfolio. The outlook was assessed as ‘stable’, indicating confidence and expectations for continued stability in financial metrics over the medium term.

Olaf Klinger, CFO of Symrise AG: “We are pleased to receive our inaugural investment grade rating from both S&P Global and Moody’s. The ratings represent an important milestone for our company as we expand our access to capital markets and diversify our funding sources. They also reflect the strength of our business fundamentals and commitment to maintaining financial discipline.”

The inaugural ratings provide enhanced access to global capital markets and investors support Symrise in financial terms. BBB+ and Baa1 are the best ratings positions among flavor and fragrances companies.

The comprehensive process of obtaining the inaugural ratings was accompanied by Deutsche Bank, who acted as the sole ratings advisor to Symrise.

About Symrise: Symrise is a global supplier of fragrances and flavors, cosmetic basic and active ingredients as well as functional ingredients. Our customers include perfume, cosmetics, food and beverage manufacturers, the pharmaceutical industry and producers of dietary supplements and pet food. With sales of around €5.0 billion in the 2024 financial year, we are one of the world's leading providers. The Group, headquartered in Holzminden, Germany, has more than 100 branches in Europe, Africa and the Middle East, Asia, the USA and Latin America. Together with our customers, Symrise develops new ideas and marketable concepts for products that have become an indispensable part of everyday life. Economic success and corporate responsibility are inextricably linked. Symrise – always inspiring more...