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Novozymes CEO: "We haven't met our targets in six years"

"We haven't invested enough, and we haven't been able to reap the fruits of the work we've done. That's why we have now laid a strategy to move away from this trend, to head in the right direction – toward growth," says Novozymes CEO Ester Baiget.

Photo: NOVOZYMES

Danish enzyme producer Novozymes' new growth strategy, "Unlocking Growth – Powered by Biotech", stretching to the end of 2025, will pull the company out of an unfortunate trend, says Chief Executive Ester Baiget during the company's virtual capital markets day on Tuesday.

"We haven't met our targets in six years. One year is a point, two years is a line – but three years is a trend," she says about recent years' developments at Novozymes.

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