See income statement and balance sheet in note 33 to the financial statements.

The Ingredients Sector’s revenue for the 11-month period was DKK 3,164 million compared to the previous full-year forecast of DKK 3,450 million. The lower revenue partly reflects the one month shorter revenue-generating period and partly a lower organic growth rate of 3% compared to the forecast of 5-6%.

EBITA was DKK 353 million for the 11 months consolidated in the 2004/05 financial statements, equivalent to an EBITA margin of 11% compared to the latest forecast of an EBITA margin of approximately 13%. The lower EBITA margin was primarily attributable to lower-than-expected revenue.