Home / Business / Germany’s Symrise says potential unit sale, Swedencare impairment to hurt earnings

Germany’s Symrise says potential unit sale, Swedencare impairment to hurt earnings

German fragrances maker Symrise AG said on Monday it is in advanced talks to sell its terpenes business and that it would take a non-cash impairment of about 145 million euros ($169.22 million) related to the sale in the fourth quarter.

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“A non-cash impairment in the value of the investment in … Swedencare AB will lead to a material deviation from the expected result for the 2025 financial year compared to current capital market expectations and the published forecast… [1061 chars]

Source: Reuters | Published: 2026-01-12T19:36:15Z

Credit: Reuters

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