Demand for foods with low fat and salt content to lift Chr Hansen sales

Danish food ingredients maker Chr Hansen said increasing demand for low- fat yoghurt and reduced-salt cheese would lift its sales this year after the company reported a 10% rise in revenue in the third quarter.

Chr Hansen said operating profit rose 4.2% in March- May to €55m, in line with a forecast of €55.5m in a Reuters poll. Rising levels of obesity as people in the developing world adopt urban lifestyles has fuelled concern about high levels of fat, sugar, and salt in food.

Chr Hansen makes bacteria for yoghurt and cheese, food colourings and enzymes and its customers include Danone and Nestle.

“We see very high demand for a yoghurt culture which helps to reduce fat in yoghurt and we see very keen interest in cheese cultures that reduce salt content in cheese,” chief financial officer Kurt Pedersen told Reuters.

The cultures and enzymes divisions count for roughly two-thirds of revenue.

The company faces difficult market conditions in its natural colours division where sales fell 8% in the quarter after it lost a South American customer, who switched to cheaper synthetic colours instead of using carmine, a food colouring made from cactus-dwelling lice in Peru.

For the full-year it still expects organic growth of 7%-9% and an operating margin of more than 26%.


Lifestyle

Hannah Stephenson seeks expert advice on how we can dig into the benefits nature offers our wellbeing.How to grow your own mindfulness comfort zone

Kerry was my first taste of freedom. My parents left me with my aunty from the age of nine. My son is nine now, but the Irish college is gone, the shop is closed, and the once bustling church looks sad, like a forgotten song.Secret Diary of an Irish Teacher: a nostalgic night in Kerry

Posh Cork's agony aunt: sorting out Cork people for ages.Ask Audrey: Why aren't William and Kate coming to Cork?

Festival season approaches, legends come to the Opera House, and a young Irish phenomenon continues to impact on UK telly, writes Arts Editor Des O'Driscoll.Scene and Heard: 'the major voice of a generation'

More From The Irish Examiner