04/05/2022 | Ingredients

DSM delivers growth in Q1

DSM delivered a “good first quarter” in the company’s latest financial results, driven by a 9 % organic sales increase in its Health, Nutrition & Bioscience segment. It also saw strong volume growth in its F&B sales, which reached USD 362 m. The group’s sales marked an 18 % increase, with sales reaching USD 2.6 bn and a 10 % hike in adjusted Ebitda. According to the results, despite the highly inflationary environment and ongoing global supply chain challenges, all businesses delivered a good quarter.