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Danisco ups expectations in advance of FY results

06-May-2010

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Danisco has indicated that its Q4 was better than expected thanks to good volumes and stable pricing for ingredients and industrial enzymes.

The Danish biotech group will report its full year results for 2009/10 on 22 June – and it now expects to report revenue of around DKK13.65bn, up from around DKK13bn it said it expected at the end of Q3.

Danisco’s EBIT margin milestone for FY2009/10 was 12.5 percent (before bio chemicals project. This has already been met. EBIT is expected to be at least DKK1700m.

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