Symrise AG press release ( SYIEF ): FY Non-GAAP EPS of €3.67. Revenue of €4.93B. For full year 2025, Symrise achieved organic sales growth of 2.8%. Adjusted EBITDA for full year 2025 was €1,081 million with an adjusted EBITDA margin of 21.9%, up 120 basis points compared to the prior year. Adjusted EBITDA and margin improvements were driven by €50 million cost savings and efficiency gains in full ...
Symrise AG press release ( SYIEF ): FY Non-GAAP EPS of €3.67. Revenue of €4.93B. For full year 2025, Symrise achieved organic sales growth of 2.8%. Adjusted EBITDA for full year 2025 was €1,081 million with an adjusted EBITDA margin of 21.9%, up 120 basis points compared to the prior year. Adjusted EBITDA and margin improvements were driven by €50 million cost savings and efficiency gains in full year 2025, which exceeded the target of €40 million. Adjusted Business Free Cash Flow totaled €780 million, resulting in a margin of 15.8%, a year-on-year increase of 220 basis points. The Executive Board of Symrise AG, in aligment with the Supervisory Board, will propose to the Annual General Meeting on May 06, 2026, to raise the dividend from €1.20 per share for 2024 to €1.25 per share for 2025. On January 12, 2026, Symrise announced an inaugural share buyback program for up to €400 million. The program commenced February 02, 2026 and will remain active through October 30, 2026. Full Year 2026 Outlook The full‑year 2026 outlook assumes Q1 organic growth to be down low‑single digits year‑on‑year, reflecting high year‑on‑year comparables. Organic sales growth for the full year in a range of 2.0% to 4.0%. • Adjusted EBITDA margin in a range of 21.5% to 22.5%. • Adjusted Business Free Cash Flow margin above 14%. Symrise reaffirms its 2025 to 2028 medium-term targets: organic sales growth CAGR of 5% to 7%, EBITDA margin of 21% to 23%, and Business Free Cash Flow margin of more than 14%. More on Symrise AG Seeking Alpha’s Quant Rating on Symrise AG Historical earnings data for Symrise AG Dividend scorecard for Symrise AG Financial information for Symrise AG
JHVEPhoto/iStock Editorial via Getty Images I am somewhat biased against large asset manager stocks such as BlackRock ( BLK ), and for this reason, I thought that Blackstone ( BX ), given its size (market cap and portfolio), was not far removed from my perception. Basically, my perception is that often, when the portfolio reaches the level of a BlackRock, the stock's return ends up being a proxy f...
JHVEPhoto/iStock Editorial via Getty Images I am somewhat biased against large asset manager stocks such as BlackRock ( BLK ), and for this reason, I thought that Blackstone ( BX ), given its size (market cap and portfolio), was not far removed from my perception. Basically, my perception is that often, when the portfolio reaches the level of a BlackRock, the stock's return ends up being a proxy for the S&P 500 ( SPY ) or the US stock market in general, but with greater diversification and/or slightly different volatility. As you can see in the chart below, this clearly applies to BLK stock. Over the last 10 years, which is already a long period, the total return was practically equal to SPY, and with similar volatility. But Blackstone is a big exception to this rule. Even though it was affected by similar triggers, such as liquidity, optimism, etc., its performance was quite different, with a 550% total return in 10 years compared to ~300% for SPY and BlackRock, and note how volatility was much higher. Data by YCharts Given this track record, I decided to give it a chance and take a closer look at Blackstone, and I ended up being pleasantly surprised. Why I Liked Blackstone The table below summarizes Blackstone's case well and also shows why there is no correlation with SPY. We are talking about an AUM that is ~34% credit & insurance, 26% private equity, and 30% real estate, with the remainder in multi-asset investing. In other words, returns will depend heavily on fixed income strategies, exit windows, and maturity of the PE portfolio, and also real estate. BX Presentation But as I mentioned, this table is not just about the correlation with SPY. It's also about how Blackstone is a good company. Fee-generating AUM grew 11% YoY, driven largely by credit and PE. But more than this growth in AUM itself, I think it is interesting to look at what generated it, not least because the movements during the period distort this picture. Looking closely (I'm looking at the ta...
(RTTNews) - Asian stocks slumped on Wednesday as soaring oil and gas prices due to escalating Middle East conflict spooked markets and fueled demand for safe-haven assets. After U.S. and Israeli forces attacked Iran, Tehran retaliated by striking U.S. embassies and threatening regional economies. Shipping through the Strait of Hormuz was halted, quadrupling tanker costs and causing global air tran...
(RTTNews) - Asian stocks slumped on Wednesday as soaring oil and gas prices due to escalating Middle East conflict spooked markets and fueled demand for safe-haven assets. After U.S. and Israeli forces attacked Iran, Tehran retaliated by striking U.S. embassies and threatening regional economies. Shipping through the Strait of Hormuz was halted, quadrupling tanker costs and causing global air transport chaos. Gold prices were up more than 1 percent in Asian trade, recovering some of the losses in the previous session even as the dollar index extended gains for a third day running amid escalating geopolitical tensions and reduced expectations for interest rate cuts from the Federal Reserve. Oil prices continued to rise, with Brent crude contract climbing above $83 a barrel on signs the war in Iran is expanding into a broader regional conflict. With Iran seemingly intent on continuing its strikes against Gulf targets, regional leaders are mulling whether and how to respond. China's Shanghai Composite index fell 0.98 percent to 4,082.47, with oil and shipping stocks leading losses on Hormuz closure fears. Hong Kong's Hang Seng index tumbled 2.01 percent to 25,249.48 after the release of mixed Chinese PMI data. While official data showed a second straight month of contraction in manufacturing PMI, a private survey revealed the strongest PMI in more than five years. Japanese stocks were hit hard on concerns over surging oil prices and potential supply disruptions. Chip-related stocks led losses, with Tokyo Electron, Advantest and SoftBank Group plummeting 4-7 percent. The Nikkei average briefly lost over 2,600 points before recovering some lost ground to end the session down 3.61 percent at 54,245.54, extending losses for a third consecutive session. The broader Topix index tumbled 3.67 percent to 3,633.67. Seoul stocks fell by the most since the global financial crisis while the won slid to a 17-year low as surging crude prices raised concerns about manufacturing costs ...
Key Points When Social Security changes, it tends to have an effect on retirees' income. Two changes that happened this year were geared toward working people. The $23,760 Social Security bonus most retirees completely overlook › When you hear the name Social Security, you probably tend to associate it with retirement benefits. After all, the program is known for sustaining older Americans once th...
Key Points When Social Security changes, it tends to have an effect on retirees' income. Two changes that happened this year were geared toward working people. The $23,760 Social Security bonus most retirees completely overlook › When you hear the name Social Security, you probably tend to associate it with retirement benefits. After all, the program is known for sustaining older Americans once their careers come to an end. It's not uncommon for Social Security to undergo changes from year to year. And often, those changes have a big impact on seniors. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Earlier this year, for example, Social Security benefits got a 2.8% cost-of-living adjustment. Social Security's earning-test limits also rose, allowing recipients to earn more income from a job before having benefits withheld. But there were two Social Security changes introduced earlier this year that affect workers, not retirees. It's important to be aware of what they entail in case they apply to you. 1. Social Security's wage cap increased Social Security is primarily funded through payroll taxes. But it's not a given that you'll pay Social Security taxes on your entire salary. If you're a higher earner, you may only pay those taxes on a portion of your income thanks to Social Security's wage cap. Last year, earnings above $176,100 were not taxed for Social Security purposes. This year, however, the wage cap increased to $184,500, which means higher earners may be looking at a larger tax bill than expected. 2. Social Security's work credits became harder to earn You don't just automatically qualify for Social Security's retirement benefits once you turn 62. To claim those benefits, you need to accumulate 40 work credits in your lifetime. And the maximum you can earn in a single year is four. In 20...
London ( UKX ) +0.20% to 10,506. Germany ( DAX:IND ) +0.49% to 23,889. France ( CAC:IND ) +0.46% to 8,141. In other parts of Europe, t he HCOB Spain Services PMI fell to 51.9 in February 2026 from 53.5 in the previous month, the lowest since June. The annual inflation rate in the Czech Republic eased to 1.4% in February. Consumer prices in Switzerland increased by 0.1% Y/Y in February. The pan-Eur...
London ( UKX ) +0.20% to 10,506. Germany ( DAX:IND ) +0.49% to 23,889. France ( CAC:IND ) +0.46% to 8,141. In other parts of Europe, t he HCOB Spain Services PMI fell to 51.9 in February 2026 from 53.5 in the previous month, the lowest since June. The annual inflation rate in the Czech Republic eased to 1.4% in February. Consumer prices in Switzerland increased by 0.1% Y/Y in February. The pan-European Stoxx 600 ( STOXX ) moved 0.51% higher to 607.4 amid still mounting concerns over the Middle East conflict’s impact on inflation and interest rate expectations. Oil prices advanced for a fourth straight session as regional issues persisted, with Tehran threatening energy infrastructure and commercial shipping in the Gulf. Besides, European natural gas futures rose more than 3% to above €55/MWh, extending their rally to hit an over three-year high. On the political front, U.S. President Donald Trump threatened to impose a full trade embargo on Spain after it denied U.S. access to its military bases for operations linked to strikes on Iran. Coming up in the session: Euro Area PMI numbers and unemployment rate expected shortly. UK and Germany's PMI readings are also expected shortly. In the bond market , the U.S. 10-year Treasury yield was up 3 basis points to 4.08%. Germany's 10-year yield was down 1 basis point to 2.76%. UK's 10-year yield was up 2 basis points to 4.48%. Currencies: ( EUR:USD ) ( GBP:USD ) ( CHF:USD ) ETFs: (NYSEARCA: EWG ), (NYSE: GF ), (NYSEARCA: EWI ), (NYSEARCA: EWQ ), (NASDAQ: FGM ), (NASDAQ: DAX ), (NYSEARCA: FLGR ), (NYSEARCA: FXB ), (NYSEARCA: EWU ), (NASDAQ: FKU ), (BATS: EWUS ), (NYSEARCA: FLGB ), (NYSEARCA: GREK ) More on Europe GREK: Greek Stocks Appear Undervalued FLGB: Conflicted About Pursuing This Competent U.K. ETF Now EUR/USD: Trapped At 1.1800 As Euro Area Inflation Cools Significantly... What Next? France to boost nuke stockpile, unveils 'advanced deterrence' strategy for Europe Euro Area inflation rises to 1.9% in February, exceeds...
Billionaire Leo KoGuan , who emerged a few years ago as one of the biggest individual shareholders of Tesla Inc. , said he bought 1 million shares of Nvidia Corp. on Tuesday. “I am convinced AI is NOT a bubble, it is only the beginning,” KoGuan posted on X on Wednesday. “Plan to buy 1 million more NVDA soon. To show support to nervous market,” he followed up in a message to Bloomberg News. Nvidia ...
Billionaire Leo KoGuan , who emerged a few years ago as one of the biggest individual shareholders of Tesla Inc. , said he bought 1 million shares of Nvidia Corp. on Tuesday. “I am convinced AI is NOT a bubble, it is only the beginning,” KoGuan posted on X on Wednesday. “Plan to buy 1 million more NVDA soon. To show support to nervous market,” he followed up in a message to Bloomberg News. Nvidia closed at $180.05 on Tuesday in New York, meaning the 71-year-old billionaire would’ve paid roughly $180 million. He has a $12.8 billion fortune, according to the Bloomberg Billionaires Index . Even though he’s become increasingly skeptical of Elon Musk and Tesla, including its decision to award the chief executive officer a pay package potentially worth as much as $1 trillion, KoGuan said he is “still mostly in Tesla” and treasury bills. He’s declined to specify how much he’s pared his Tesla stake over the years. “I do think Tesla’s energy, cybercap and Teslabot are NOT fully priced in,” he wrote on the social media platform. “So that, daring investors could still buy Tesla today for the future fortune. Tesla is the leading embodied AI on earth.” Born in Indonesia, educated in New York and residing in Singapore, KoGuan made his initial fortune from SHI International Corp. , a Somerset, New Jersey-based enterprise software company he ran with his ex-wife. He has said he began buying Tesla in 2019 and quickly built a massive holding using stock options, increasing his stake multiple times.