DSM sticks to full-year outlook

Reuters

AMSTERDAM, Nov 5 (Reuters) - Dutch food and chemicals groupDSM reported third-quarter operating profit in linewith forecasts on Tuesday on the back of acquisitions and growthin its nutrition business, and stuck to its 2013 target of closeto 1.4 billion euros.

The world's leading vitamin maker reported earnings beforeinterest, tax, depreciation and amortisation (EBITDA) of 342million euros, up 27 percent from a year ago, on revenue of 2.4billion euros, up 4 percent.

Analysts in a poll commissioned by Reuters had forecastEBITDA of 340 million euros, and revenue of 2.485 billion euros.

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