✦ LIBER ✦

Genzyme reports 4Q and full year 2005 financial results

Publisher: Elsevier Science
Year: 2006
Weight: 51 KB
Volume: 2006
Category: Article
ISSN: 1351-4180
DOI: 10.1016/s1351-4180(06)71546-x

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✦ Synopsis

construction of a catalyst unit in the Middle East, and intends to expand its catalysts operations in Asia. Albemarle will commission a catalyst repackaging plant in China by May 2006. To meet soaring demands in North America, the company is evaluating plans to increase cGMP capacity at its Orangeburg site. A minor expansion at its cGMP unit at Dayton in Ohio, USA was completed in Feb 2006.

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In view of the economic environment, Novozymes considers its current 2009 growth outlook satisfactory. The slowdown in 4Q 2008 is not considered a reliable indicator of 2009 full-year performance. Sales growth is forecast at 8-13% (in terms of DKR), and operating profit is expected to grow by 10-15%