IHS Chemical Week

People & Business :: Earnings/Finance

DSM reports higher profits and revenues, retains full-year outlook

5:37 AM MST | November 5, 2013 | Natasha Alperowicz

DSM today reported a 32% increase in third-quarter net profit before exceptional items, to €136 million ($183.4 million), on 4% higher sales of €2.4 billion. Ebitda was 27% higher, at €342 million. The company reports increased profitability in all its business clusters. “Nutrition continued its good performance notwithstanding some headwinds that emerged towards the end of the third quarter. Materials sciences also delivered solid performance with higher profits,” said Feike Sijbesma, CEO. “Current trading conditions are similar...

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