January 21, 2014 / 7:15 AM / 4 years ago

Novozymes Q4 core profit meets forecast

COPENHAGEN, Jan 21 (Reuters) - Danish industrial enzymes maker Novozymes reported a rise in fourth-quarter operating profit on Tuesday in line with analysts’ average forecast.

Its earnings before interest and tax (EBIT) rose to 703 million Danish crowns ($128 million) in the October to December quarter from a year-earlier 671 million crowns and against an average forecast of 699 million crowns in a Reuters poll of analysts..

Novozymes, whose enzymes are used in the production of goods from detergents to biofuels, forecast operating profit growth of 6 to 9 percent this year, up from 6 percent achieved in 2013.

$1 = 5.5016 Danish crowns Reporting by Stine Jacobsen; Editing by Mark Potter

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