Strong start of the year for DSM
DSM's strength in most markets is sustained during the
beginning of 2008. Primarily the nutrition, Performance Materials, Fibre
Intermediates and Agro showed strong business trends.
Based on the currently available information, DSM expects that the Q1
operating profit before exceptional items will be approximately 20% higher than
in Q1 2007 (€192 million). Barring unforeseen economic circumstances, for the
full year 2008 DSM now expects the operating profit before exceptional items to
most likely exceed the level achieved in 2007, despite the current significantly
weaker US dollar and increased raw material prices.
Chairman of the DSM Managing Board, commented:
"The current year has started
strongly with firm demand being seen across most of our markets. DSM's
performance is a clear indication of the higher quality earnings now being
achieved as a result of the changes made to the profile and portfolio of the
further update on trading and the outlook for the year as a whole will be given
at the time of the release of DSM's Q1 results on 29 April
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