Brief: Chr. Hansen Holding Q1 EBIT Up At EUR 65 Mln

Chr Hansen Holding A/S

13/01/2022 07:17

Jan 13 (Reuters) - Chr Hansen Holding A/S  CHRH.CO :
    * CHR. HANSEN HOLDING A/S INTERIM REPORT Q1 2021/22
    * OUTLOOK 2021/22: OUTLOOK FOR 2021/22 REMAINS UNCHANGED
FROM
ORIGINAL GUIDANCE PROVIDED ON OCTOBER 14, 2021
    * Q1 REVENUE EUR 268 MILLION VERSUS COMPANY COMPILED
CONSENSUS OF
EUR 255 MILLION
    * OUTLOOK 2021/22: ORGANIC GROWTH IS EXPECTED IN RANGE OF
5-8%.
    * Q1 EBIT EUR 65 MILLION VERSUS COMPANY COMPILED CONSENSUS
OF EUR
64 MILLION
    * OUTLOOK 2021/22: EBIT MARGIN BEFORE SPECIAL ITEMS IS
EXPECTED TO
BE 27-28%.
    * OUTLOOK 2021/22: FREE CASH FLOW BEFORE SPECIAL ITEMS IS
EXPECTED
TO BE AROUND EUR 140-170 MILLION.
    * UNDER ITS 2025 STRATEGY, CHR. HANSEN WILL CONTINUE ITS
JOURNEY
AS A DIFFERENTIATED BIOSCIENCE COMPANY FOCUSED ON  MICROBIAL AND
FERMENTATION TECHNOLOGY PLATFORMS
    * Q1 NET PROFIT EUR 46.2 MILLION VERSUS COMPANY COMPILED
CONSENSUS
OF EUR 44 MILLION
    * THE LONG-TERM FINANCIAL AMBITIONS FOR THE PERIOD TO
2024/25 WERE
UPDATED TO REFLECT THE DIVESTMENT OF  NATURAL COLORS AND THE
ACQUISITION OF JENNEWEIN (HMO ACTIVITIES)
    * CHR. HANSEN REMAINS COMMITTED TO DELIVERING
INDUSTRY-LEADING
PROFITABLE GROWTH AND STRONG CASH FLOWS WITH THE FOCUS ON  COST
DISCIPLINE AND CAPITAL EFFICIENCY
    * Q1 ORGANIC GROWTH OF 9% VERSUS COMPANY COMPILED CONSENSUS
OF
4.4%

Source text for Eikon:  ID:nGNE46kkrL 
Further company coverage:  CHRH.CO 

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