DSM’s H1 figures were far from surprising, but the company performed well in these challenging times. As with other companies DSM felt the heat from higher prices and other input costs. Nevertheless, the results provide an interesting cross-read for the food industry: consumers fear inflation and have started their private cost-cutting programmes by trading down.
DSM’s H1 figures were broadly in-line with consensus (sales: +2.2%; adjusted EBITDA: +0.5%).
02 Aug 2022
Soft movements in volatile times
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Soft movements in volatile times
Downing Strategic Micro-Cap Investment Trust PLC GBP (DSM:LON) | 0 0 0.0% | Mkt Cap: 28.7m
- Published:
02 Aug 2022 -
Author:
Martin Schnee -
Pages:
3
DSM’s H1 figures were far from surprising, but the company performed well in these challenging times. As with other companies DSM felt the heat from higher prices and other input costs. Nevertheless, the results provide an interesting cross-read for the food industry: consumers fear inflation and have started their private cost-cutting programmes by trading down.
DSM’s H1 figures were broadly in-line with consensus (sales: +2.2%; adjusted EBITDA: +0.5%).