DSM-Firmenich

FY guidance raised

  • Sectors : Foods
  • Companies : DSM-Firmenich

Ratings and price correct at time of issue.

  • DSM-Firmenich

    Closing Price: 14695c

  • RATING 09/10/20

  • PREVIOUS RATING 13/02/20

    NEUTRAL

DAVY VIEW

DSM has delivered another strong quarter with EBITDA growing by 13%. A faster-than-expected recovery in the Materials division prompted an upward revision to FY21 EBITDA guidance. We anticipate a low-single-digit upgrade to our FY21 EBITDA.

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May 5 2021, 09:10 IST/BST

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