Danisco reports 6% growth

In FY 2008/09, Danisco posted revenue of DKK 13.0 billion ($2.46 billion), up 6% year on year (4% organic growth).

EBIT before share-based payments and special items came in at DKK 1,248 million, and group profit for the period closed at DKK 72 million (DKK 108 million after minorities).

Group organic growth rates in Q4 was better than expected after Q3 across all food ingredients areas except for sweeteners – albeit market transparency levels still low.

Genencor is also continuing to experience good momentum in most major business areas.

Full-year EBIT of DKK 1,248 million, a result of margin improvements in enablers and in cultures, but declines in Genencor and sweeteners.