Healthy dairy demand helps Chr. Hansen to strong Q3

By Nathan Gray contact

- Last updated on GMT

Healthy dairy demand helps Chr. Hansen to strong Q3
An increasing demand for low-fat yoghurt and reduced-salt cheese will lift its sales this year, according to Chr. Hansen,  as the firm reports a 10% rise in revenue its Q3 results.

Danish ingredients giant Chr. Hansen said demand for dairy cultures has helped the firm to a 3% increase in total revenue and 10% organic growth in Q3.

“Hansen continued the strong performance from Q2, and we maintain our outlook for the full year, expecting organic revenue growth of 7-9% and an EBIT margin before special items above 26%,”​ said CEO Cees de Jong.

While high demand for yoghurt and cheese cultures helped to spur 'solid' results for the firm, Chr. Hansen also noted that it still faces challenges in its Natural Colours Division - where sales fell by 8% after it lost a customer in South America.

De Jong added that implementation of the firms 'Nature’s No. 1' strategy remains a key focus area.

"It’s encouraging to see the successful application of the new fermentation capacity for cultures in Copenhagen and the progress in our other strategic initiatives such as the strengthening of our position in emerging markets and creating fuel for growth through strong cost focus and scalability,”​ said the CEO.

Related news

Related products

show more

Mother’s milk selects Bifidobacteria in the infant gut

Mother’s milk selects Bifidobacteria in the infant gut

Morinaga Milk Industry Co., Ltd. | 21-Nov-2017 | Technical / White Paper

Health promoting traits of Bifidobacteria are strain-specific, however, whether the residential origin of each species would also contribute to the differences...

How Polyphenols enhance probiotic benefits

How Polyphenols enhance probiotic benefits

BerryPharma® - the Expert in Berry Extracts | 17-Oct-2017 | Research Study

Researchers have recently identified the positive interactions between polyphenols and intestinal bacteria, leading to classification as a prebiotic function....

Related suppliers

Follow us

Featured Events

View more

Products

View more

Webinars