date:Jan 17, 2013
lso delivered solid organic growth of 9% while sales in the Natural Colors Division were soft as expected, primarily due to lower carmine prices and volumes. Our operating profit continued to grow faster than revenue and our profitability also increased with an EBIT margin of 26.7% compared to 24.5% in Q1 last year.
The company said that its outlook for 2012/13 remains unchanged compared to the announcement of 31 October 2012. Organic revenue growth, excluding the effect on sales prices from ch