Novozymes Q1 beats forecast, raises earnings outlook
date:Apr 25, 2014
ly grew around 11 percent.

Our new enzyme products for the ethanol producers are doing really well, chief financial officer Benny Loft told Reuters.

He said the products, which were launched during 2013, helped ethanol producers to increase their production using the same amount of corn and that was why producers had increased use of Novozymes' products.

Analysts polled by Reuters had expected sales of bioenergy ethanol of 488 million crowns in the quarter.

Overall, it's a very good first qu
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