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Novozymes delivers resilient full-year results despite the COVID-19 pandemic and is confident .
Novozymes A/SFebruary 2, 2021 GMT
Novozymes delivered flat organic sales growth in the 2020 financial year and an EBIT margin of 26.1%. In 2021 the company expects 2-6% organic growth supported by innovation, stronger commercial presence, and gradual industry recovery. EBIT margin is expected at a solid 25-26%.
COPENHAGEN, Denmark – February 2, 2021. In the fourth quarter of the 2020 financial year, Novozymes’ organic sales growth was -3% with reported sales in DKK of -8%. Full-year organic sales growth was 0% with reported sales in DKK down by 3% and an EBIT margin of 26.1%. Full-year ROIC including goodwill was 18.9%.
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Novozymes delivered flat organic sales growth in the 2020 financial year and an EBIT margin of 26.1%. In 2021 the company expects 2-6% organic growth supported by innovation, stronger commercial presence, and gradual industry recovery. EBIT margin is expected at a solid 25-26%.
COPENHAGEN, Denmark - February 2, 2021. In the fourth quarter of the 2020 financial year, Novozymes organic sales growth was -3% with reported sales in DKK of -8%. Full-year organic sales growth was 0% with reported sales in DKK down by 3% and an EBIT margin of 26.1%. Full-year ROIC including goodwill was 18.9%. We deliver flat organic sales growth and an EBIT margin of 26% in a year unlike any other in recent history. Our advances through 2020 are a testament to the Novozymes purpose, culture, and well-diversified business model. I m extremely proud of the work teams across the entire organization have done under these very difficult circumstances. We have managed to make progress and deliver res
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Novozymes delivered flat organic sales growth in the 2020 financial year and an EBIT margin of 26.1%. In 2021 the company expects 2-6% organic growth supported by innovation, stronger commercial presence, and gradual industry recovery. EBIT margin is expected at a solid 25-26%.
COPENHAGEN, Denmark – February 2, 2021. In the fourth quarter of the 2020 financial year, Novozymes organic sales growth was -3% with reported sales in DKK of -8%. Full-year organic sales growth was 0% with reported sales in DKK down by 3% and an EBIT margin of 26.1%. Full-year ROIC including goodwill was 18.9%. We deliver flat organic sales growth and an EBIT margin of 26% in a year unlike any other in recent history. Our advances through 2020 are a testament to the Novozymes purpose, culture, and well-diversified business model. I m extremely proud of the work teams across the entire organization have done under these very difficult circumstances. We have managed to make progress and delive