Achieving our financial ambitions
In Q1 2010/11, Danisco recorded revenue of DKK 3.9 billion, a 13% increase Y/Y made up of 5% organic growth and 8% positive currency effect. Our group EBIT* (before Bio Chemicals Projects – BCP) came in at DKK 687 million, reflecting a margin expansion of 2.0 percentage points Y/Y. All four divisions contributed to the higher margin. Profit for the Group came in at DKK 402 million against DKK 306 million in Q1 2009/10, an increase of 31%.
Read the full stock exchange notice: Announcement of results for Q1 2010/11: