date:Nov 06, 2013
lobal nature of its portfolio has exposed the company to the effects of the recent currency volatility.
DSM had flagged as recently as Sept. 26 that earnings before interest, tax, depreciation and amortisation (EBITDA) this year could fall short of its target and come in below 1.35 billion euros because of adverse currency moves.
Current trading conditions are similar to those experienced at the end of Q3, while foreign exchange rates deteriorated. Nevertheless, we are firmly on track to deliv