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Novozymes Q1 beats forecast, raises earnings outlook
date:Apr 25, 2014
sts' expectations, driven by a new large customer and increasing sales in emerging markets.

Detergent producers add enzymes to the washing powder to increase its performance, enable low-temperature washing and replace traditional chemicals.

Novozymes' enzymes are also used in amongst other things food, beer and animal feed. Its peers include Denmark's Chr. Hansen, Dutch group DSM and Dupont from the United States.

The expectation for total sales growth for 2014 was adjusted to 4 to 6 percent

12/24 11:10