Danish food ingredients company Danisco upped its full-year forecast today (27 May), despite the company facing an “unusually high degree of uncertainty” for its remaining quarter.
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In March 2009, Danisco said it expected to report EBIT of around DKK1.15bn (US$215m) after expenses of around DKK50m relating to Bio Chemicals Projects (Goodyear) and before share-based payments and special items.
Based on unaudited figures, the company said it now expect to be able to report DKK1.22bn – DKK1.25bn after Bio Chemicals Projects (Goodyear) expenses of DKK40m.
The group said revenue for the full year amounted to DKK13bn and organic growth to around 4%.
Danisco’s full-year results are expected to be released on 24 June, along with its full-year outlook for 2009/10.
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