CSM EBITA dips as divestment process continues
date:Mar 14, 2013
net sales increased 6.5% to 3,315.7 million ($4,291.7 million) from 3,112.6 million. The effect of acquisitions contributed 24.5 million. Exchange rate differences, especially the U.S. dollar, positively impacted sales by 166 million. Adjusted for acquisition and currency effects, organic sales growth was 12.6 million, or 0.4%.

On May 7, 2012, CSM announced it intended to transform into a bio-based ingredients company focusing on its Purac and Caravan Ingredients businesses. CSM began a divestm
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