Chemicals concern DSM has raised its profit forecast for the current year after announcing record second quarter results on Tuesday.

The company said it booked net profit of €193m for the second quarter, a four-fold increase on the same period last year. Turnover grew 11% to €2.4bn in the same period, said DSM.
The results exceeded analysts’ expectations said ANP news service.
DSM said it now expects operating results from ordinary activities to reach around €970m this year.
The company said it benefited from a growing demand for vitamins in the last quarter.