Chemical company DSM, producer of a range of feed additives for use in the pig, poultry and livestock business, reported a strong 2011 as well as good figures in the fourth quarter of 2011. The company, headquartered in Heerlen, the Netherlands, reported full year EBITDA from continuing operations that had increased 12 percent to €1,296 million. Feike Sijbesma, CEO/chairman of the DSM managing board, said: “2011 was another strong year for DSM despite the challenges of the global economy, adverse currency movements and high raw material costs.”
Animal nutrition
The Nutrition cluster, which includes the animal nutrition business, did not suffer from adverse market conditions. The division achieved a strong profit and revenue growth in 2011 and more growth is expected in 2012. Sales grew 12 percent from €3.0 billion in 2010 to €3.4 billion last year. DSM has been particularly busy in the acquisition market in 2011 and briefly summed up its additions. Some were related to the animal nutrition business. Read more ...
Animal nutrition
The Nutrition cluster, which includes the animal nutrition business, did not suffer from adverse market conditions. The division achieved a strong profit and revenue growth in 2011 and more growth is expected in 2012. Sales grew 12 percent from €3.0 billion in 2010 to €3.4 billion last year. DSM has been particularly busy in the acquisition market in 2011 and briefly summed up its additions. Some were related to the animal nutrition business. Read more ...
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