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News and analysis on the global poultry
and animal feed industries.
Poultry Nutrition / Pig Nutrition
on April 10, 2014

Chr. Hansen reports revenue increase for 2nd quarter

Animal health and nutrition company expects strong results for second half of fiscal year

Chr. Hansen has reported a strong second quarter for fiscal year 2013/14, highlighted by revenues of EUR182 million (US$253) and 10 percent organic growth. The animal health and nutrition company also reported revenues unchanged from the first half of the previous fiscal year at EUR353 million (US$490 million)

Chr. Hansen CEO Cees de Jong expects the continued financial success for the remainder of the fiscal year.

 "Following a strong Q2 with 10 percent organic growth and solid margin development, we remain on track to deliver on our outlook for the full year, expecting organic revenue growth of 7 to 9 percent and an EBIT margin before special items above 26 percent," said de Jong.

"We have continued to implement our Nature's No. 1 strategy with initiatives to support the future growth and profitability of Chr. Hansen. I am especially pleased with the good performance of both the Cultures & Enzymes Division and the EMEA region in general as well as to see the first sales of cultures for crop protection."

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