IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

DSM Net Income Rises 24%

11:14 AM MDT | November 3, 2011 | Alex Scott

DSM reported net income for the for the third quarter excluding one-time items up 24%, to €159 million ($217 million), compared with the year-ago period on corresponding sales up 14% to €2.3 billion. The company saw growth across all businesses, despite a strong Swiss franc and a weak U.S. dollar, says DSM CEO Feike Sijbesma. The company saw growth across all of its businesses, despite a strong Swiss franc and a weak U.S. dollar, says Feike Sijbesma, CEO of the company. Although the company has been experiencing weakening demand for its...

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