trending Market Intelligence /marketintelligence/en/news-insights/trending/Qm7tBDh2THMt_8RIo5YxDQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Novozymes profit misses consensus by 17.8% in Q1

Machine Learning and Credit Risk Modelling

OTT Helps To Offset Pay TV Losses for Video Security Vendors

5G Survey: Despite COVID-19 delays, operator roadmaps still lead to 5G

Barclays Research – Now Available In The S&P Global Market Intelligence Aftermarket Research Collection


Novozymes profit misses consensus by 17.8% in Q1

Novozymes A/S said its first-quarter normalized net income amounted to 1.83 Danish kroner per share, compared with the S&P Capital IQ consensus estimate of 2.23 kroner per share.

EPS rose 28.5% year over year from 1.42 kroner.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 569.0 million kroner, a gain of 25.7% from 452.8 million kroner in the year-earlier period.

The normalized profit margin rose to 15.9% from 14.9% in the year-earlier period.

Total revenue increased 18.0% on an annual basis to 3.58 billion kroner from 3.03 billion kroner, and total operating expenses climbed 13.7% on an annual basis to 2.60 billion kroner from 2.29 billion kroner.

Reported net income grew on an annual basis to 706.0 million kroner, or 2.27 kroner per share, from 693.2 million kroner, or 2.18 kroner per share.

As of April 23, US$1 was equivalent to 6.91 Danish kroner.