Global science company DSM has reported what it calls a ‘very strong first quarter’, with sales up 13% to €2,159 million and net profit up 75% to €149 million compared to the same period of 2016.
‘We are pleased to report a very good start to the year, with continued positive momentum in all businesses as we execute on our mid-term strategic and financial ambitions,’ said Feike Sijbesma, CEO/chairman of DSM. ‘Notwithstanding the current global socio-economic volatility, we are confident that we will be able to deliver against our full-year objectives given our focus on improving our financial performance through our growth initiatives and our extensive and ambitious profit improvement programs.’
This story is reprinted from material from DSM, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
