Novonesis (Novozymes) B Class B
NSIS B: XCSE (DNK)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!B | LOCK|Y% | LOCK|&BLYW< |
Novonesis Earnings: Solid Organic Growth Supported by Volume and Synergies; Shares Fairly Valued
Novonesis delivered 7% organic sales growth in the first quarter, driven by volume of 6% and pricing of 1%, while around 2.5% came from temporary tailwinds. Adjusted EBITDA margin was 50 basis points below last year's figure.
