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Novozymes growth in operating profit of 2–5%
28 Jan '08
2 min read
- Return on invested capital (ROIC) rose to 21.7% from 20.2% in 2006
Assuming that exchange rates for the company's key currencies remain at the spot rates on January 23, 2008, expected outlook for 2008 is as follows (excluding one-off items in 2007):
- Growth in sales of 11–14% in local currencies and 8–11% in DKK
- Growth in operating profit of 2–5%
- Growth in net profit of 4–7%
- Investment before acquisitions of DKK 800-950 million
- Free cash flow before acquisitions of DKK 750–900 million
The Board of Directors will recommend a dividend for 2007 of DKK 5.00 per share at the Annual Meeting of Shareholders on March 5, 2008.
Assuming that exchange rates for the company's key currencies remain at the spot rates on January 23, 2008, expected outlook for 2008 is as follows (excluding one-off items in 2007):
- Growth in sales of 11–14% in local currencies and 8–11% in DKK
- Growth in operating profit of 2–5%
- Growth in net profit of 4–7%
- Investment before acquisitions of DKK 800-950 million
- Free cash flow before acquisitions of DKK 750–900 million
The Board of Directors will recommend a dividend for 2007 of DKK 5.00 per share at the Annual Meeting of Shareholders on March 5, 2008.
Novozymes A/S
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