Novozymes gets 6% jump in organic sales for Q4 2016, but layoffs loom
In Denmark, Novozymes reported that it will lay off 198 employees after reporting 2016 organic sales growth of 2% organically and by 1% in DKK, primarily driven by Agriculture & Feed and Technical & Pharma. The EBIT margin improved by 0.2 percentage points to 27.9%, and EBIT grew by 2%. Net profit increased by 8%. […]









