Strong fourth quarter triggers earnings upgrade

Frankfurt/Main, (PresseBox) - Based on a solid and betterthanexpected performance in Q4 2009/10, we now upgrade group revenue for FY 2009/10 to around DKK 13.65 billion against our previous expectation of around DKK 13.4 billion which we announced in our Q3 release (1/2010, 18 March 2010). This is the result of good volumes and a stable pricing environment both in food ingredients and industrial enzymes.

Furthermore, we have experienced an attractive product mix and strong plant utilisation, and we therefore expect EBIT* of at least DKK 1,700 million. This corresponds to an earnings upgrade of over DKK 100 million compared to our previous outlook and reflects an EBIT margin (before Bio Chemical Projects) of at least 12.8%.

The momentum in profitability means that we have already met our financial milestone of 12.5% in EBIT margin (before Bio Chemicals Projects) in FY 2009/10.

We will release our full annual report for 2009/10, including management outlook for the coming financial year, on 22 June 2010.

* In this release, EBIT refers to EBIT before special items and sharebased payments unless otherwise stated

Danisco Deutschland GmbH

With a rich and innovative portfolio, Danisco is a world leader in food ingredients, enzymes and biobased solutions. Using nature's own materials, science and the knowledge of our 6,800 people, we design and deliver biobased ingredients that meet market demand for healthier and safer products. Danisco's ingredients are used globally in a wide range of industries - from bakery, dairy and beverages to animal feed, laundry detergents and bioethanol - to enable functional, economic and sustainable solutions. Headquartered in Denmark and operating from more than 80 locations, Danisco's key focus is to become our customers' First choice and a truly marketdriven global business. Find out more at

Press releases you might also be interested in

Subscribe for news

The subscribtion service of the PresseBox informs you about press information of a certain topic by your choice at a choosen time. Please enter your email address to receive the email with the press releases.

An error occurred!

Thank you! You will receive a confirmation email within a few minutes.

I want to subscribe to the gratis press mail and have read and accepted the conditions.