Continued strong growth in Q3

Continued strong growth in Q3
Press Release | Jul 05. 2016 06:11 GMT

Strong organic revenue growth of 13% in the first nine months of 2015/16: Food Cultures & Enzymes (13%), Health & Nutrition (2%) and Natural Colors (20%). EBIT before special items increased by 18% to EUR 189 million. In Q3, organic growth reached 12% and EBIT before special items increased by 11% to EUR 71 million.

EUR million Q3 2015/16 Q3 2014/15 Growth YTD 2015/16 YTD 2014/15 Growth
Revenue 249.8 228.1 10% 693.1 625.0 11%
EBIT before special items 71.0 63.8 11% 188.9 159.8 18%
Profit for the period 51.6 45.7 13% 127.9 111.0 15%
Free cash flow* 42.0 53.8 -22% 57.8 65.0 -11%
Organic growth 12% 7% 13% 9%
Gross margin 53.3% 52.4% 52.8% 51.4%
EBIT margin b.s.i. 28.4% 28.0% 27.2% 25.6%
ROIC excl. goodwill 36.0% 33.8%


CEO Cees de Jong says: “We continued to grow our business during Q3, with Food Cultures & Enzymes and Natural Colors showing strong organic revenue growth. Both Food Cultures & Enzymes and Natural Colors also delivered encouraging improvements in profitability. We experienced modest growth in Health & Nutrition, as the animal health business was negatively impacted by commodity prices for milk and meat remaining at extraordinarily low levels. Despite the current pressure on the agricultural sector, the long-term growth prospects for our animal health business remain very positive.”

“During the past three months, we have made good progress with integrating NPC, launched a second product for plant health with good first sales, and, within the human microbiome area, successfully completed a clinical study showing a positive physiological effect of the bacteria tested. Based on the results achieved, we have moved to the next stage in our clinical development plan. Finally, it is very encouraging to see a strong performance by our bioprotective solutions for dairy and other food categories.”


OUTLOOK FOR 2015/16

The outlook for 2015/16 is unchanged compared to the announcement of 7 April, 2016.

7 April, 2016

Organic revenue growth: 10-12%

Research & development expenditures incurred (% of revenue): Around 7%

EBIT margin before special items above 2014/15: above 2014/15

Free cash flow before acquisitions and divestments: above 2014/15

5 July, 2016

Organic revenue growth: 10-12%

Research & development expenditures incurred (% of revenue): Around 7%

EBIT margin before special items above 2014/15: above 2014/15

Free cash flow before acquisitions and divestments: above 2014/15


The Q3 2015/2016 report was released today, 5 July, 2016, and is available from here.


A Chr. Hansen é uma empresa líder global de biociência, que desenvolve soluções naturais para as indústrias alimentícia, nutricional, farmacêutica e agrícola. Desenvolvemos e produzimos culturas, enzimas, probióticos e corantes naturais para uma ampla variedade de alimentos, confeitos, bebidas, suplementos nutricionais, rações animais e proteção vegetal. A nossa inovação em produtos se baseia em cerca de 40 mil cepas microbianas – nós gostamos de chamá-las de “bactérias boas”. Nossas soluções permitem aos fabricantes de alimentos produzir mais com menos – ao mesmo tempo que reduzem o uso de produtos químicos e outros aditivos sintéticos –, tornando nossos produtos altamente relevantes no mundo atual. Sustentabilidade é uma parte essencial da visão da Chr. Hansen para melhorar os alimentos e a saúde. Em 2019, a Chr. Hansen foi considerada a empresa mais sustentável do mundo pela Corporate Knights, graças aos nossos esforços em prol da sustentabilidade e às muitas parcerias colaborativas com os nossos clientes. Há mais de 145 anos nós satisfazemos os nossos parceiros e, por extensão, os nossos consumidores finais em todo o mundo. Temos orgulho pelo fato de que mais de 1 bilhão de pessoas consome diariamente produtos contendo os nossos ingredientes naturais. A Chr. Hansen foi fundada em 1874 e está listada na Nasdaq Copenhagen.

Compartilhe