Chr Hansen Q2 EBIT slightly below expectations, keeps guidance
COPENHAGEN, April 9
COPENHAGEN, April 9 (Reuters) - Chr. Hansen's operating profit for the second quarter came in slightly below analysts' expectations, but the Danish food ingredients maker kept its outlook for the full-year unchanged.
Earnings before interest and tax (EBIT) before special items rose to 41.6 million euros ($57.4 million) in the three months to end-February against a forecast of 44.2 in a Reuters poll. .
The company's EBIT was 32.6 million euros in the same quarter last year, dented by one-offs.
For the full-year, the firm continues to expect organic growth of 7-9 percent and an operating margin above 26 percent.
($1 = 0.7249 Euros) (Reporting by Teis Jensen; Editing by Mark Potter)