Chr. Hansen Achieves 18% Growth in Q3 Revenue

Danish food company Chr. Hansen Holding has posted an 11% increase in revenue for the first nine months of 2009/10 to €415m.

The company said its revenue was 18% higher during the quarter than the corresponding period last year.

EBIT before special items increased by 28%, and the EBIT margin before special items increased from 21% to 24%.

In Q3, EBIT before special items increased by 24% to €40m ($50m).

Profit before tax after nine months increased to €14m ($17m), from a loss of €25m ($31m) last year.