date:Jan 16, 2020
Chr. Hansen has issued its Q1 2019/20 performance, outlining desirable results for its game-changing cheesemaking ingredient, despite low end-market growth for its segment fermented foods segment on the whole. The Danish supplier faced a decline in raw material prices for pigments carmine and annatto, which weighted the performance results of its natural colors business. Moving forward, the company is targeting mid- to high-single digit organic sales growth per year until 2024/25.
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