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.
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.