dsm-firmenich takes strategic actions to strengthen its position as a leading creation and innovation partner in Nutrition, Health and Beauty

Against the backdrop of a challenging 2023, with tough macroeconomic conditions and unprecedented low vitamin prices, we took decisive and immediate actions, accelerating our integration efforts, transforming our vitamins business, and reviewing our portfolio. It became clear that the Animal Nutrition & Health business would thrive better under different ownership, and last February we announced our plans to separate this business unit from the Group. Against the backdrop of a challenging...

Switzerland, 03/06/2024 (informazione.it - comunicati stampa - cibi e bevande)

Today's CMD will address how dsm-firmenich is executing its strategy, particularly in relation to the Merge, Focus, Tune and Accelerate steps of its journey:

In the new company setup, dsm-firmenich will consist of three complementary business units, all of which having a clear value creation strategy. Supported by science and sustainability, a superior ingredients offering, distinct innovation platforms, deep consumer insights, and technical application expertise, dsm-firmenich will operate with increased focus and be able to leverage its unique portfolio and capabilities. Together with its customers, dsm-firmenich is well-positioned for long-term growth, making a difference for consumers around the world as the world's leading partner in creation and innovation.

Today's CMD event will be hosted by Chief Executive Officer Dimitri de Vreeze and Chief Financial Officer Ralf Schmeitz , together with other members of the Executive Committee. Senior representatives of various business units and scientists will provide product demonstrations and offer engaging consumer experiences. The event will be attended by some 150 investors and sell-side analysts.

The presentations of the CMD will start becoming available as of 11:00am CEST and recordings of the presentations will be available after the event: https://www.dsm-firmenich.com/corporate/investors/results-center/capital-markets-day-2024.html

Forward-looking statements
This press release may contain forward-looking statements with respect to dsm-firmenich's future (financial) performance and position. Such statements are based on current expectations, estimates and projections of dsm-firmenich and information currently available to the company. dsm-firmenich cautions readers that such statements involve certain risks and uncertainties that are difficult to predict and therefore it should be understood that many factors can cause actual performance and position to differ materially from these statements. dsm-firmenich has no obligation to update the statements contained in this press release, unless required by law. The English language version of the press release is leading.

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