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Chr Hansen Holding A/S (CHRH.CO)

CHRH.CO on Copenhagen Stock Exchange

634.20DKK
9:58am BST
Change (% chg)

kr.-89.80 (-12.40%)
Prev Close
kr.724.00
Open
kr.623.60
Day's High
kr.640.60
Day's Low
kr.612.60
Volume
540,615
Avg. Vol
192,978
52-wk High
kr.758.00
52-wk Low
kr.567.80

Latest Key Developments (Source: Significant Developments)

Chr. Hansen Q3 EBIT Ex-Items Up YoY, Cuts Organic Growth Outlook
Wednesday, 26 Jun 2019 

June 27 (Reuters) - Chr Hansen Holding A/S ::INTERIM REPORT SEPTEMBER 1, 2018 - MAY 31, 2019.SOLID SALES GROWTH AND PROFITABILITY IN Q3, BUT REDUCED ORGANIC GROWTH OUTLOOK FOR YEAR.Q3 REVENUE 302.0 MILLION EUROS VERSUS 282.7 MILLION EUROS.Q3 PROFIT 66.5 MILLION EUROS VERSUS 60.5 MILLION EUROS.Q3 EBIT BEFORE SPECIAL ITEMS 91.7 MILLION EURS VERSUS 84.0 MILLION EUROS.ORGANIC GROWTH OUTLOOK FOR 2018/19 IS ADJUSTED TO 7-8%, WHEREAS GUIDANCE ON EBIT IS UNCHANGED, GUIDANCE ON FCF IS ADJUSTED UPWARDS.SEES 2018/19 ORGANIC REVENUE GROWTH OF 7%-8%.IN Q3, ORGANIC GROWTH WAS 8%, AND EBIT BEFORE SPECIAL ITEMS INCREASED BY 9%.FY GUIDANCE FOR FOOD CULTURES & ENZYMES IS UNCHANGED, HEALTH & NUTRITION IS NOW EXPECTED TO GROW AROUND 10%.FY GUIDANCE ON EBIT MARGIN IS UNCHANGED.SEES 2018/19 EBIT MARGIN BEFORE SPECIAL ITEMS AROUND 29.5%.BASED ON CASH-FLOW GENERATION IN FIRST NINE MONTHS, BOARD DECIDED TO PAY OUT EXTRAORDINARY DIVIDEND TOTALING EUR 110 MILLION (DKK 6.24/SHARE).QTRLY EARNINGS PER SHARE EUR 0.50.CEO SAYS AS A RESULT OF THE LOWER THAN EXPECTED GROWTH MOMENTUM IN NATURAL COLORS AND ANIMAL HEALTH, AND A WEAKER GROWTH ENVIRONMENT IN EMERGING MARKETS, WE ARE ADJUSTING OUR FULL-YEAR OUTLOOK FROM 9-11% ORGANIC GROWTH FOR THE GROUP TO NOW 7-8% ORGANIC GROWTH.CEO SAYS GUIDANCE FOR FOOD CULTURES & ENZYMES IS UNCHANGED, HEALTH & NUTRITION IS NOW EXPECTED TO GROW AROUND 10%, AND NATURAL COLORS IS NOW EXPECTED TO GROW 4-5%.  Full Article

Chr. Hansen: Board Member Buys 775 Shares In Co
Monday, 8 Apr 2019 

April 8 (Reuters) - Chr Hansen Holding A/S ::BOARD MEMBER NIELS PEDER NIELSEN BUYS 775 SHARES IN CO FOR DKK 642.95 PER SHARE.  Full Article

Kristian Villumsen Buys 1,500 Shares In Chr. Hansen
Thursday, 4 Apr 2019 

April 4 (Reuters) - Chr Hansen Holding A/S ::BOARD MEMBER KRISTIAN VILLUMSEN BUYS 1,500 SHARES IN CO WITH PRICE DKK 638.00 PER SHARE.  Full Article

Lonza Group And Chr. Hansen To Establish Joint Venture
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Lonza Group AG ::LONZA AND CHR. HANSEN IN JOINT VENTURE TO ACCELERATE MOMENTUM IN MICROBIOME.PHASED INVESTMENT OF APPROXIMATELY EUR 90 MILLION TO BE SHARED EQUALLY BETWEEN PARTNERS OVER THREE YEARS.LONZA GROUP - JV WILL BE A 50/50 CONTROLLED LEGAL ENTITY THAT WILL OPERATE FROM ITS HEADQUARTERS IN BASEL (CH) AND HAVE PRODUCTION FACILITIES IN DENMARK AND SWITZERLAND.  Full Article

Bookrunner Says Accelerated Bookbuilt Offering Of Approx. 4.75M Ordinary Shares Of Chr. Hansen Holding A/S
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Chr Hansen Holding A/S ::BLOCK TRADE - CHR. HANSEN HOLDING A/S: BOOKRUNNER SAYS ACCELERATED BOOKBUILT OFFERING OF APPROX. 4.75M ORDINARY SHARES OF CO.BLOCK TRADE - CHR. HANSEN HOLDING A/S: BOOKRUNNER SAYS OFFERING SIZE DKK 3.3BN / C. $500M BASED ON THE CLOSING PRICE OF DKK 686.40 ON 8TH NOV.BLOCK TRADE: CHR. HANSEN - BOOKRUNNER SAYS FROM LIMITED MARKET SOUNDING EXERCISE, BANKS HAVE VISIBILITY ON INDICATIONS OF INTEREST IN EXCESS OF DEAL SIZE.  Full Article

Bookrunner Says Books Are Covered. Price Guidance To Follow For Chr. Hansen Bookrunner Bookbuild Offering
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Bookrunner::BLOCK TRADE-CHR. HANSEN: BOOKRUNNER SAYS BOOKS ARE COVERED. PRICE GUIDANCE TO FOLLOW FOR CO'S ACCELERATED BOOKBUILD OFFERING.  Full Article

BRIEF-Chr Hansen Chairman Ole Andersen Not To Seek Re-Election
Monday, 15 Oct 2018 

Repeats to add bullet that Ole Andersen is Chairman of Danske Bank:CHAIRMAN OF THE BOARD WILL NOT SEEK RE-ELECTION.TO NOMINATE MS DOMINIQUE REINICHE AS THE NEXT CHAIRMAN.OLE ANDERSEN IS THE CURRENT CHAIRMAN OF DANSKE BANK.  Full Article

Chr. Hansen Q3 EBIT at EUR 84.0 Million
Thursday, 28 Jun 2018 

June 28 (Reuters) - Chr Hansen Holding A/S ::REG-INTERIM REPORT SEPTEMBER 1, 2017 - MAY 31, 2018.Q3 REVENUE EUR 282.7 MILLION (REUTERS POLL: EUR 287 MILLION).Q3 EBIT EUR 84.0 MILLION (REUTERS POLL: EUR 84.8 MILLION).THE OUTLOOK FOR 2017/18 IS UNCHANGED FROM THE ANNOUNCEMENT OF APRIL 11, 2018..EXTRAORDINARY DIVIDEND TOTALING EUR 105 MILLION (DKK 5.94 PER SHARE) WILL BE PAID OUT ON JULY 3, 2018..SAYS CERTAIN KEY MARKETS IN THE EU SHOWED LITTLE OR NO GROWTH, AND THE US DECLINED SLIGHTLY.END MARKETS FOR FERMENTED MILK GREW BY AROUND 3%, DRIVEN BY ASIA-PACIFIC, THE MIDDLE EAST AND AFRICA,.  Full Article

Chr Hansen Holding Q2 EBIT Ex-Items Below Expectations At EUR 71.2 Million
Wednesday, 11 Apr 2018 

April 11 (Reuters) - CHR HANSEN HOLDING A/S ::REG-07/2018 - INTERIM REPORT 1 SEPTEMBER 2017 - 28 FEBRUARY 2018.Q2 EBIT EX-ITEMS EUR 71.2 MILLION (REUTERS POLL: EUR 73.0 MILLION).OVERALL OUTLOOK FOR 2017/18 IS UNCHANGED COMPARED TO THE ANNOUNCEMENTS OF 25 OCT 2017 AND 12 JAN 2018.Q2 REVENUE EUR 263.7 MILLION (REUTERS POLL: EUR 269 MILLION).  Full Article

Chr. Hansen Holding: WCM Increases Holding In Company
Tuesday, 20 Feb 2018 

Feb 20 (Reuters) - CHR. HANSEN ::REG-COMPANY ANNOUNCEMENT NO. 6/2018.WCM INCREASED AGGREGATE HOLDING OF SHARES IN CHR. HANSEN HOLDING TO 6,598,493.50 (EQUIVALENT TO 5.00%)‍​.  Full Article