‘Very strong’ second quarter for DSM
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Add as a favourite source on Google Add DutchNews as a favourite source on GoogleChemicals and pharmaceuticals company DSM booked turnover from continuing operations of nearly €2.3bn in the second quarter of 2010, up 28% on 2009.
Profit before tax and interest was up nearly 300% at €246m, far above the expectations of analysts questioned by financial news agencies.
CEO Feike Sijbesma said it had been a ‘very strong quarter’.
‘DSM remains vigilant about the broader macro economic developments. Based on the current positive business environment we expect 2010 to be a strong year for DSM,’ the CEO said in a statement.
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