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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.

Novozymes A/S

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