Brief: Novozymes: 2024 Outlook Wil Be Provided No Later Than March 31

Novozymes A/S

01/02/2024 08:23

Feb 1 (Reuters) - Novozymes A/S  NZYMb.CO :
    * RESULTS UPDATE FOR 2023 – UNAUDITED
    * PROPOSED DIVIDEND FOR PERIOD SEP 1 - DEC 31, 2023 WILL BE
ANNOUNCED BY BOD OF NOVONESIS IN CONNECTION WITH NOTICE TO
CONVENE AT ANNUAL SHAREHOLDERS’ MEETING
    * HOUSEHOLD CARE GREW 5% ORGANICALLY IN 2023 AND SALES IN
REPORTED
DKK WERE UP 2%
    * SALES IN FOOD, BEVERAGES & HUMAN HEALTH DECLINED 2%
ORGANICALLY
AND BY 4% IN REPORTED DKK IN 2023
    * 2024 OUTLOOK WILL BE PROVIDED NO LATER THAN MARCH 31
    * BIOENERGY 23% (Q4: 20%): DEMAND REMAINING STRONG ACROSS
GEOGRAPHIES AND A BROAD, DIFFERENTIATED  PORTFOLIO OF SOLUTIONS
FOR MULTIPLE END-MARKETS.
    * GRAIN & TECH PROCESSING -6% (Q4: 2%): GROWTH IN GRAIN
OFFSET BY
EXPECTED SOFTNESS IN TECH FROM REDUCED  SALES OF SOLUTIONS FOR
COVID-19 TEST KITS, DECLINING DEMAND IN TEXTILE
    * AGRICULTURE, ANIMAL HEALTH & NUTRITION 3% (Q4: -7%):
GROWTH
DRIVEN BY PERFORMANCE IN ANIMAL HEALTH & NUTRITION

Source text for Eikon:  ID:nGNEbDkRSJ 
Further company coverage:  NZYMb.CO 

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