Novozymes sees double-digit growth in bioenergy division

The Novozymes bioenergy division can celebrate solid growth in 2017.

Photo: Novozymes/ PR

Danish enzyme producer Novozymes booked a solid 2017 performance in the bioenergy division. According to the just-released annual report, sales grew 11 percent organically in 2017 relative to the fiscal year 2016.

All in all, the company booked a profit of DKK 3.1 billion (EUR 417 million) on a top line of DKK 14.5 billion for the full year. This provided for growth on the bottom line of 2 percent.

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