DENMARK: Quarterly briefing 2000/01 for the Chr. Hansen Group and Chr. Hansen Holding A/S

1 September 2000 – 31 May 2001 – unaudited

• 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.

Sign up for our daily news round-up!

Give your business an edge with our leading industry insights.

Sign up