COPENHAGEN
Andrew Shaw Canadiens 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, the first half was good
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"We had growth in the large segments and delivered 3 percent organic sales growth with a strong EBIT margin
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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
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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, 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
Jeff Petry Canadiens Jersey , due to "a weaker currency environment." (1 U.S. dollar = 6.33 Danish kroner)
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