Chr Hansen Holding A/S logo

CHR - Chr Hansen Holding A/S News Story

DKK609.6 27.2  4.7%

Last Trade - 09/04/21

Sector
Consumer Defensives
Size
Large Cap
Market Cap £9.37bn
Enterprise Value £10.84bn
Revenue £780.8m
Position in Universe 79th / 1831

BUZZ-Chr Hansen: Slides on Q1 miss, cautious outlook kept

Thu 14th January, 2021 8:04am
** Shares in Chr. Hansen  CHRH.CO  fall 3% after the Danish
food ingredients maker kept its "cautious" outlook for 2020/21 
    ** The company reported Q1 2020/21 sales, profit slightly
below estimates, cited "material" impact from acquisitions in
the Health and Nutrition business  urn:newsml:reuters.com:*:nL4N2JN391
    ** In its Q4 report published in October Chr Hansen said it
decided not to pay dividend for FY 2019/2020 and provided a
cautious outlook for the next year amid uncertainty on the
market  urn:newsml:reuters.com:*:nL8N2GZ1D6
    ** "Lower contribution from M&A likely to result in small
downgrades" Credit Suisse says, pointing also to foreign
exchange impact on the results
    ** Chr Hansen shares among top fallers on STOXX 600  .STOXX 
 

 ((boleslaw.lasocki@tr.com))
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