Novonesis (Novozymes) B (STU:NZM2)
€ 56.62 0.52 (0.93%) Market Cap: 26.38 Bil Enterprise Value: 28.11 Bil PE Ratio: 39.62 PB Ratio: 2.44 GF Score: 97/100

Q2 2020 Novozymes A/S Trading Update Call Transcript

Jul 08, 2020 / 10:00AM GMT
Release Date Price: €43.04
Operator

Ladies and gentlemen, welcome to the Novozymes Conference Call. (Operator Instructions) And just to remind you, this conference call is being recorded. I'll start by handing over to Tobias Bjorklund, Head of Investor Relations. Please begin your meeting.

Tobias Cornelius Bjorklund;S;Head of IR
Novozymes A

/-

Thank you, operator, and thank you all for calling in with the short notice. From Novozymes, I'm joined here today by the entire management team as well as the rest of the Investor Relations team.

By now, everyone should have access to the company's trading update published earlier today. We have released this announcement ahead of schedule in accordance with the EU regulation, commonly referred to as the Market Abuse Regulation and because Novozymes has suspended its 2020 outlook. The announcement includes sales and organic sales growth for the first half year and the second quarter as well as a preliminary EBIT margin. We expect this call to take around 30 minutes, and we will have time for questions at the end. I

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