Legacy Novozymes delivers solid last full-year results [Yahoo! Finance]
NOVOZYMES A/S UNSP/ADR (NVZMY)
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Source: Yahoo! Finance
This marks the last financial reporting from legacy Novozymes, and the new company, Novonesis, is already a reality. COPENHAGEN, Denmark – February 1, 2024. In the 2023 financial year, legacy Novozymes delivers 5% organic sales growth – 6% organic sales growth in the fourth quarter alone – an EBIT-margin before special items [*] of 25.4%, and ROIC including goodwill before special items* of 16.5%. As Novozymes just closed the combination with Chr. Hansen on January 29, and the annual report now is expected to be released on February 8, this announcement only contains selected unaudited numbers. Full audited financial statements as well as non-financial numbers will be released with the annual report on February 8. Novonesis will present a 2024 financial outlook no later than March 31. “Legacy Novozymes has leveraged its strengths of a well-diversified portfolio, unique production capabilities, and broad market presence to deliver strong growth in a volatile market. Biosolutions ho
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