Chr. Hansen continues growth

Sales in local currencies increased by 12% to €128 million. Better product mix and improved margins resulted in a 19% growth in EBITDA, while the operating profit increased by 30% despite negative currency development.

“We have had a strong first quarter and are well prepared to capture future growth not least due to our €55 million investment in the world’s largest culture plant and our continued R&D spending,” says Lars Frederiksen, CEO.
Sales within Chr. Hansen’s largest business division, Cultures and Enzymes Division, have shown growth in local currencies of 10%. The sales growth is driven by conversion to advanced culture solutions in all markets.
The Health & Nutrition Division has increased sales in local currencies by 25% and sales from the Color Division have grown in local currencies by 12%. The strong trend towards a shift to natural colours driven by consumer preferences is the main reason for the growth.

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