Brief: Chr. Hansen Q2 EBIT At EUR 84 Million, Above Consensus

Chr Hansen Holding A/S

06/04/2022 07:10

April 6 (Reuters) - Chr Hansen Holding A/S  CHRH.CO :
    * REG-CHR. HANSEN HOLDING A/S INTERIM REPORT Q2 2021/22
    * REG-CHR. HANSEN HOLDING A/S INTERIM REPORT Q2 2021/22
    * Q2 REVENUE EUR 304 MILLION VERSUS COMPANY COMPILED
CONSENSUS OF
EUR 283 MILLION
    * Q2 EBIT EUR 84 MILLION VERSUS COMPANY COMPILED CONSENSUS
OF EUR
74 MILLION
    * DUE TO CURRENT GEOPOLITICAL SITUATION AND ACCELERATING
INFLATIONARY ENVIRONMENT WE ADJUST 2021/22 OUTLOOK FOR ORGANIC
REVENUE GROWTH AND EBIT MARGIN B.S.I.
    * ORGANIC GROWTH IS EXPECTED IN RANGE OF 7-11% (PREVIOUSLY
5-8%)
    * EBIT MARGIN BEFORE SPECIAL ITEMS EXPECTED TO BE 26-27%
(27-28%)
    * Q2 NET PROFIT EUR 58.5 MILLION VERSUS COMPANY COMPILED
CONSENSUS
OF EUR 54 MILLION
    * FREE CASH FLOW BEFORE SPECIAL ITEMS STILL EXPECTED TO BE
AROUND
EUR 140-170 MILLION

Source text for Eikon:  ID:nGNE1dmCr3 
Further company coverage:  CHRH.CO 

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