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Novozymes Posts Solid Q1 Sales

Household care showed strong growth.

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By: TOM BRANNA

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Sales of household care enzymes and food & beverages enzymes were the strongest growth contributors in the first quarter 2011 at Novozymes. Corporate sales grew by 16% to $534.7 million for the quarter. “I’m very pleased to see that we’re off to a solid start in 2011. We saw good underlying demand across most industries and all geographies, and the integration of our recent BioAg acquisition is well under way,” says Steen Riisgaard, president and company CEO. “Despite the rec...

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