DSM N.V.
AMS:DSM ISIN:NL0000009827
News
DSM N.V. (AMS:DSM) Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, today announces the following management appointment:
DSM N.V. (AMS:DSM) Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, today announces the following management appointment:
DSM N.V. (AMS:DSM) Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, today announces the opening of its DSM China Campus in the Zhangjiang Hi-Tech Park in Pudong New Area, Shanghai. The Campus will advance local research and development competence and as it is one of the first LEED Gold-certified buildings in China, it will become a symbol of DSM's sustainable development in China.
DSM N.V. (AMS:DSM) Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, today announces the following management appointments:
DSM N.V. (AMS:DSM) Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, today announces actions to strengthen its competitive position. These actions are expected to deliver structural cost savings of up to EUR 100 million per year by 2010. In addition, DSM is also taking a number of measures to address the current more difficult market conditions. These market conditions together with the decision to currently prioritize cash over short term profitability are resulting in a revised full year guidance for 2008 operating profit of above EUR 900 million, around 10% higher compared to 2007 and a record result for the company.
DSM N.V. (AMS:DSM) Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, today announces that a definitive agreement has been signed to sell its Solutech business to Lydall, Inc., the United States-based specialty engineered products manufacturer. Financial details of the transaction will not be disclosed.
DSM N.V. (AMS:DSM) Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, today announces that DSM Nutritional Products has opened its third premix plant in China. The new facility allows DSM to serve a larger geographical area in China. This enables the company to capitalize on opportunities that arise from the rapidly growing animal nutrition & health industry in one of the key growth countries for DSM.
DSM N.V. (AMS:DSM) Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, announces today that it has reached an agreement with the management of DSM Deretil on a management buy-out. DSM Deretil is a business unit of DSM Anti-Infectives. Financial details will not be disclosed.
DSM N.V. (AMS:DSM) Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, announces today that Ad Overbeek, Global Science Manager DSM NeoResins+, has been selected by The Federation of Societies for Coatings Technology (FSCT) to deliver the 2009 Joseph J. Mattiello Memorial Lecture.
DSM N.V. (AMS:DSM) * Continued strong organic sales growth (12%), driven by pricing power. * Sustained strong profitability in Nutrition. * Accelerating economic downturn increasingly visible in Materials Sciences. * EBIT from continuing operations up 27% to EUR 267 million; EPS up 41%. * 2008 operating profit expected to be around EUR 1,000 million.
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