The second quarter, seeing increased growth, was in line with expectations of Chr. Hansen group. Organic revenue growth of 5 % in Q2, corresponding to 4 % EUR growth, with an improving momentum in all areas as expected: Food Cultures & Enzymes 5 %, Health & Nutrition 8 % and Natural Colours 1 %, lifting the groups organic revenue growth in the first six months of 2019/20 to 3 %. In Q2, Ebit before special items increased by 6 % to EUR 83 m, and Ebit margin before special items increased to 28.2 %. The full-year outlook is unchanged.
“We are pleased that all three business areas improved the growth momentum in Q2, as expected,” says CEO Mauricio Graber. “Natural Colours showed positive growth, despite continued negative raw material price impacts and challenging market conditions.” The full-year outlook is maintained.