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COPENHAGEN Saul Niguez Madrid Jersey , Aug. 11 (Xinhua) -- Novozymes, the world's largest producer of industrial enzymes, reported on Friday better-than-expected financial results for the first half of 2017.
"Overall Sime Vrsaljko Madrid Jersey , the first half was good, and better than expected," said Peder Holk Nielsen Authentic Diogo Jota Jersey , president and CEO of Novozymes, in a statement.
"We had growth in the large segments and delivered 3 percent organic sales growth with a strong EBIT margin, excluding one-offs Authentic Nicolas Gaitan Jersey ," Nielsen said.
According to the interim financial report, earnings before interest and tax (EBIT) for the first six months of 2017 stood at 1.973 billion Danish kroner, up 3 percent from 1.911 billion kroner year-on-year.
Sales rose 3 percent to 7.278 billion kroner in the first half of 2017 as compared to the same period last year.
In the first half Authentic Yannick Carrasco Jersey , the company's household care enzymes grew by 3 percent to stand at 2.397 billion kroner, contributing 33 percent of total sales.
Novozymes maintained its full-year expectations for organic growth with sales and net profit to grow between 2 and 5 percent, while EBIT margin projected at around 28 percent.
However Authentic Angel Correa Jersey , the outlook for sales and EBIT growth in Danish kroner have been adjusted to 1 to 4 percent as against a previous forecast of 3 to 6 percent, due to "a weaker currency environment." (1 U.S. dollar = 6.33 Danish kroner)
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