Danish company Danisco has announced its profit and cash flow results in Q1 of 2006/2007. Revenue grew by 2% to DKK 5,283 million. The growth was driven by 6% growth in Ingredients, according to a statement.
Consolidated profit grew by 58% to DKK 423 million. This was mainly attributed to positive developments in share based payments and special items. Before share based payments and after special items, consolidated profit rose by 25% to DKK 383 million. The results were as expected.
This has not changed the outlook for 2006/07, according to the statement by Danisco.