Home / Knowledge / News / Textiles / Royal DSM EBITDA surges 18% in 2013
Royal DSM EBITDA surges 18% in 2013
26
Feb '14
Royal DSM, the Life Sciences and Materials Sciences company reported final, audited, results for 2013.  These results confirm the preliminary, unaudited results DSM published on 21 January 2014. DSM also issues its Integrated Annual Report, which can be found on DSM’s corporate website. 
 
- 2013 FY EBITDA substantially up to €1,314 million (2012 FY: €1,109 million) 
- Q4 2013 EBITDA €316 million (Q4 2012: €243 million) 
- Strong cash generation from operating activities of €889 million in 2013 (2012: €730 million) 
- Dividend increase of 10% proposed to €1.65 per ordinary share (2012: €1.50) 
- Share repurchase program to hedge existing option plans continues 
- Target for 2014 to improve business performance to at least offset negative currency impact 
 
For the full year 2013, DSM delivered 18% higher EBITDA, while facing a challenging economic environment. For Q4 the company realized 30% higher EBITDA. 
 
In Q4 all clusters delivered a solid performance despite negative exchange rate effects. Nutrition was in addition impacted by a combination of unrelated market headwinds. 
 
These included weakness in dietary supplements and fish oil based Omega 3 markets in the US, soft demand in Western food & beverage markets, and price pressures especially in vitamin E following weak demand in animal feed markets earlier in the year. 
 
DSM previously signaled these adverse conditions, but the impact through the end of the year was more pronounced than anticipated. 
 
Click here to view full results.
 
 

Royal DSM


Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Sri Lanka has a good sustainable track record and strong stories to back it

Krishnanand Tripathi, Textrade International Ltd

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Top executives, Textile industry

Top executives
Textile industry

The new deal is better than NAFTA for the US textile industry

Cong Zheng,

Cong Zheng

The China Textile Machinery Association (CTMA) is a social-economic...

Abhishek Pachauri,

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Umang Banthia,

Umang Banthia

Established in 2005, SL Banthia Textiles manufactures coated fabrics....

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Nisha Chanda, Whistling Woods International School of Fashion

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search