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EnviroTech :: Catalysts and Licensing
Danisco's Third-Quarter Ebitda Rises 41%
6:36 AM MDT | March 17, 2011 | Alex Scott
Dansico, the food ingredients and enzymes producer, says Ebitda for the third quarter of its fiscal year ended January 31 increased 41% to DK728 million ($137 million), when compared with the period one year earlier, on sales up 18% to DK3.9 billion. Sales increased 9% due to organic growth; 1% acquisitive growth; and 8% due to positive currency effects. The financial results are a significant improvement for Danisco which one year ago had reported a profits warning. It was a “strong quarter for Danisco, with sweeteners back on track, new earnings...
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