CPSE:NSIS BChemicals
Novozymes (CPSE:NSIS B) Is Up 11.4% After Raising 2025 Sales Growth Outlook and Reporting Strong YTD Results
Novozymes recently raised its full-year 2025 earnings guidance, now projecting organic sales growth of 7-8%, and announced third-quarter results showing sales of €1.06 billion and nine-month net income of €460.8 million.
While third-quarter net income was lower than the previous year, the company’s nine-month net income more than doubled, reflecting strong year-to-date performance and the impact of favorable sales timing.
With the updated earnings forecast, we'll explore how increased...