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CHR - Chr Hansen Holding A/S News Story

DKK573.2 3.8  0.7%

Last Trade - 05/05/21

Sector
Consumer Defensives
Size
Large Cap
Market Cap £8.73bn
Enterprise Value £10.17bn
Revenue £796.1m
Position in Universe 81st / 1836

Chr. Hansen raises guidance after quarterly profit meets forecast

Thu 15th April, 2021 7:11am
COPENHAGEN, April 15 (Reuters) - Food ingredients maker Chr.
Hansen  CHRH.CO , which counts some of the world's largest food
manufacturers among its customers, on Thursday posted
second-quarter profits in line with expectations and adjusted
full-year guidance higher.
    The company reported earnings before interest, tax and
special items of 70.1 million euros ($83.9 million) for the
quarter to Feb. 28, matching analyst expectations in a poll
compiled by the Danish company.
    Chr. Hansen said it now expects full-year organic revenue
growth of 6-8%, compared with previous guidance of 5-8%. 
($1 = 0.8352 euros)

 (Reporting by Tim Barsoe and Jacob Gronholt-Pedersen
Editing by David Goodman
)
 ((copenhagen.newsroom@thomsonreuters.com; +45 3274 2001;
Reuters Messaging:
jacob.pedersen.thomsonreuters.com@reuters.net))
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