Dsm-firmenich Q1 Core Profit Meets Market Forecasts
Dsm-firmenich reported first-quarter adjusted EBITDA of 434 million euros. The result met analyst forecasts following strong demand for beauty products.
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DSM-FIRMENICH AG reported adjusted Q1 EBITDA of 434 million euros ($509 million), meeting market expectations. The result slightly exceeded the 431 million euro consensus estimate provided by the company. Strong demand in the perfumery and beauty segment stabilized earnings despite broader chemical sector volatility.
The group achieved the 434 million euro result on Wednesday morning. Performance was led by the perfumery and beauty division, which offset weaker areas of the portfolio.
