1 September 2000 – 31 May 2001 – unaudited

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  • Sales increased by 8% to DKK 3,472 million.

  • Organic growth is increasing for ingredients.

  • Income before tax for the nine months totalled DKK 116 million, of which DKK 50 million was realized in the third quarter.

  • Three ingredients factories in North America are planned to be closed down before the end of the financial year. Expected cost benefits total DKK 25 million annually.

  • The above-mentioned factories have a book value of approximately DKK 90 million, and a major writedown should be expected depending on the price to be obtained. In addition, redundancy payments are expected to amount to approximately DKK 15 million.

  • The sales forecast for the full year has been raised from DKK 4.5 billion to DKK 4.6 billion, primarily as a result of the rising US dollar exchange rate.

  • The full-year forecast of income before tax and costs in connection with closing three ingredients factories in North America is DKK 125-155 mil-lion.

To read full briefing in PDF format, click here.

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