Novozymes 2007 Profit Up 11 pct, Sees 2008 Growth

January 25, 2008

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Denmark's Novozymes posted an 11 percent rise in full-year operating profit on Friday, despite rising energy and raw material prices, and said it predicted a sales growth of 8 - 11 percent in 2008.

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Novozymes
Novozymes is a manufacturer of enzymes. In September 2007 Novozymes launched an asparaginase, branded Acrylaway, to eliminate acrylamide from snack products.

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