Novonesis (Novozymes) B Class B
NSIS B: XCSE (DNK)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| YZ$ | LOCK|znY | LOCK|<kY!bg$ |
Novonesis Earnings: Continued Stellar Organic Growth and Guidance Upgrade Send Shares 10% Higher
Novonesis delivered 9% organic sales growth in the second quarter and adjusted EBITDA margin of 37.6%, both ahead of company-compiled consensus of 7.4% and 37.4%, respectively. Full-year guidance was raised, and shares rose 10% on Aug. 20.
