Brief: Chr. Hansen Holding Narrows Expectations To Organic Revenue Growth

Chr Hansen Holding A/S

12/10/2023 08:59

Oct 12 (Reuters) - Chr Hansen Holding A/S  CHRH.CO :
    * CHR. HANSEN HOLDING A/S INTERIM REPORT Q4 2022/23
    * STRONG PERFORMANCE FOR QUARTER DESPITE A CHALLENGING
ENVIRONMENT
    * CONSISTENT WITH MERGER AGREEMENT WITH NOVOZYMES, BOARD OF
DIRECTORS HAS DECIDED TO DECLARE AN INTERIM DIVIDEND OF DKK 7.72
OR EUR 1.04 PER SHARE
    * TOTAL DIVIDEND WILL BE PAID ON OCTOBER 17, 2023
(EX-DIVIDEND
DATE OF OCTOBER 13, 2023)
    * IN LIGHT OF PERFORMANCE FOR FIRST EIGHT MONTHS OF 2023,
OUTLOOK
IS ADJUSTED FOR ORGANIC REVENUE GROWTH AND FREE CASH FLOW
B.A.S.I.
    * OUTLOOK JANUARY 1, 2023 - DECEMBER 31, 2023: FREE CASH
FLOW
B.A.S.I. IS EXPECTED TO BE AROUND EURM 190-230 (PREVIOUSLY EURM
200-250)
    * OUTLOOK  FOR 1 JAN- 31 DEC, 2023: ORGANIC REVENUE GROWTH
IS
EXPECTED IN RANGE OF 10-12% (PREVIOUSLY 9-12%)
    * ORGANIC GROWTH FOR REMAINING FOUR MONTHS OF 2023 IS
EXPECTED TO
BE DRIVEN BY PRICE GROWTH INCLUDING A POSITIVE IMPACT FROM
EUR-BASED PRICING

Source text for Eikon:  ID:nGNE7jBlws 
Further company coverage:  CHRH.CO 

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