This reflects a margin of 12.6%, a 2.9 percentage point expansion year-on-year, driven by all divisions aside from sweeteners. Profit for the group came in at DKK 233m.
CEO Tom Knutzen said: “We continued to see a positive earnings momentum during the quarter and are encouraged by the results that we’ve achieved so far in this financial year, including our ability to lift our Ebit outlook once more. Meanwhile, overall market growth remains modest, and on that basis we remain cautious regarding the earnings momentum for the second half of the year.
“In sweeteners, the situation warrants a write-down of goodwill to be booked in Q3 2009/10. Our longer-term ambitions and priorities for the group remain unchanged.”
Source: Danisco
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