Chr. Hansen Reports Strong First Half

April 21, 2011

The company saw strongest organic growth in Asia Pacific, Africa, and the Middle East, as well as good growth in Europe.

Chr. Hansen (Hoersholm, Denmark) has reported strong growth in the first half of 2010/2011, with revenue growth of 23% (corresponding to 17% organic growth).

The company says strong performance was seen by its colors and blends division, due to an increased demand for natural colors globally. It also saw good momentum in dairy cultures for yogurt and cheese and for produtcs in human and animal health.

The company saw strongest organic growth in Asia Pacific, Africa, and the Middle East, as well as good growth in Europe.

Due to the good results, the company has raised its revenue projection for 2010/2011 to 12 to 14% organic growth, compared to the 11 to 13% announced in January.