Børsens News Service in English

Danisco is ahead of budget

19-08-2010 16:09 The ingredients group Danisco expects that it will be possible to meet the long-term goals this year. »Based on information given to me by the management at a Board meeting just prior to the Annual General Meeting, I can inform you that Danisco generated organic revenue growth of 5 per cent in the first quarter and an operating profit that will be higher than in the same period last year,« chairman Jørgen Tandrup wrote in an announcement today and added:
»We are ahead of budget and with such a good start to the year we will in all likelihood realise over long-term financial ambition of an operating margin of 13.5 per cent before Bio Chemicals Projects in this financial year.« In connection with the announcement of Danisco’s first-quarter results on September 21, the company will be updating its outlook for the full year 2010/11. Direkt/BNS
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*****||*****Danisco is ahead of budget*****||*****The ingredients group Danisco expects that it will be possible to meet the long-term goals this year. »Based on information given to me by the management at a Board meeting just prior to the Annual General Meeting, I can inform you that Danisco generated organic revenue growth of 5 per cent in the first quarter and an operating profit that will be higher than in the same period last year,« chairman Jørgen Tandrup wrote in an announcement today and added: »We are ahead of budget and with such a good start to the year we will in all likelihood realise over long-term financial ambition of an operating margin of 13.5 per cent before Bio Chemicals Projects in this financial year.« In connection with the announcement of Danisco’s first-quarter results on September 21, the company will be updating its outlook for the full year 2010/11. Direkt/BNS*****||*****

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