Action required: Please refresh your browser
We have recently implemented some changes that require a hard refresh of your browser: Please hold down the CTRL-key and press the F5 key.
After a successful hard refresh, this message should not appear anymore.
More details about this topic are available here »
Interim report for the first half of 2018 | ||
By: Nasdaq / GlobeNewswire - 10 Aug 2018 | Back to overview list |
|
Satisfactory first half with 4% organic sales growth Organic sales growth of +4% in the first half (Q2: +5%): Household Care -1%, Food & Beverages +4%, Bioenergy +14%, Agriculture & Feed +3%, Technical & Pharma -6%. EBIT margin at 28.1%. FCF before acq. DKK 890 million. Net profit growth +5%. Full-year 2018 outlook maintained. Peder Holk Nielsen, President & CEO of Novozymes: “Overall, I’m satisfied with our performance in the first half year. Bioenergy performed very well, whereas Household Care was softer than expected. Our innovation pipeline is solid, and a stronger commercial and emerging market focus is paying off. We’re launching a new, exciting product for animal health, and both our freshness & hygiene platform for laundry and the new corn inoculant are making good progress. And while uncertainty around global trade and agricultural markets persists, we remain committed to our 2018 guidance.” Highlights 1H 2018:
Full-year 2018 outlook maintained on all parameters: Organic sales growth of 4-6% with continuing high uncertainty around global trade and agricultural markets. Household Care still expected to grow organically for the full year, supported by the freshness & hygiene platform. Attachment |
||
|
||
Copyright 2018 Nasdaq / GlobeNewswire | Back to overview list |