Press Release
September 29, 2011
DSM updates investment community on progress made with strategy marking the shift from an era of intensive portfolio transformation to a strategy for the coming years of maximizing sustainable and profitable growth of ‘the new DSM’.
Heerlen, NL, 29 Sep 2011 09:30 CEST
Royal DSM, the global Life Sciences and Materials Sciences company, will update the financial community at its annual Capital Markets Days today and tomorrow on the progress made with its DSM in Motion: driving focused growth strategy. The company also confirms its 2011 outlook.
Feike Sijbesma, CEO and Chairman of the DSM Managing Board, commented: “Against a backdrop of increased uncertainties related to the global economy, our completed transformation into a Life Sciences and Materials Sciences company has positioned DSM well with a balanced, relatively resilient portfolio in health, nutrition and materials. We are making good progress in executing our strategy and we are on track to achieve our 2013 targets.”
During today’s conference, DSM will update the investment community on progress made with DSM in motion: driving focused growth. This strategy marks the shift from an era of intensive portfolio transformation to a strategy for the coming years of maximizing sustainable and profitable growth of ‘the new DSM’. The company believes good progress is being made towards achieving the EBITDA target of €1.4 to 1.6 billion in 2013, in conjunction with a ROCE of more than 15%.
The following information will be given: