Full-Year Results: Strong Performance And Solid Expectations
With organic growth of 11 % and an improved EBIT margin in the financial year…
With organic growth of 11 % and an improved EBIT margin in the financial year 2011/2012 Chr. Hansen continues its profitable journey.
"The performance in 2011/12 confirmed the resilient business model of Chr. Hansen with a diversified and innovative product portfolio securing strong organic revenue growth of 11 % (excluding carmine price effect). Our profitability increased with EBIT margin at 26.5 % compared to 25.0 % the year before and Chr. Hansen is well prepared to ensure the future growth of the company," says CEO Lars Frederiksen. "For 2012/13 we expect organic revenue growth between 8-10 % (excluding carmine price effect) and an EBIT margin before special items and impairments above 2011/12."
Organic growth is expected to continue to be driven by increased demand for healthy food products and supplements, conversion from in-house bulk starter to industrialized produced cultures and from synthetic to natural colors, demand for value added solutions and continued innovation.