Novonesis (Novozymes) B Class B

NSIS B: XCSE (DNK)
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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.

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