Danisco reports improved organic growth
All Ingredients and Sweetener businesses except flavours performed to expectations in Q3.
The company reported that EBIT was up 16% to DKK 1,522 million (DKK 1,312 million). Outlook for 2004/05 is that sales are now expected to be in the range of DKK 17.7-18.2 billion against previously DKK 17.6-18.6 billion (DKK 16.4 billion). Consolidated EBIT before special items and share-based payments is now expected to be in the range of DKK 2,250-2,300 million (DKK 2,138 million) against previously DKK 2,250-2,350 million.
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