The Board of Directors regularly assesses whether the capital structure of Chr. Hansen is in shareholders’ best interests. The Board of Directors is committed to maintaining leverage consistent with a solid investment-grade credit profile while returning excess cash to shareholders either through ordinary and extraordinary dividends or through share buy-back programs.

Capital allocation principles

Dividend policy

The Company’s dividend policy is a payout ratio of 40-60% of net profit. The dividend proposed depends on the Board of Directors' assessment of factors such as business development, growth strategy and financing needs, and there can be no assurance that in any given year a dividend will be proposed or declared.