The Novozymes
Report 2018

Where we make a difference
In 2018, an estimated 5.6 billion
people used products made with
our solutions on a weekly basis.

DSM and Novozymes launch Balancius™,
a transformative innovation to improve nutritional uptake in poultry. Balancius™ enables farmers to use less feed to raise an animal.

Key events 2018

4%

Organic sales growth
(2017: 4%)

Total sales in 2018 were DKK 14,390 million, an increase of 4% organically and a decrease of 1% in DKK. Bioenergy and Food & Beverages were the main contributors to organic sales growth.

Financial highlights

28.3%

EBIT margin
(2017: 27.9%)

The EBIT margin was 28.3%, 0.4 percentage point higher than in 2017. Excluding the one-time costs incurred in 2017 relating to organizational changes and the divestment of Albumedix, the EBIT margin in 2018 was 0.7 percentage point lower than in 2017.

Financial highlights

Together
we find biological
answers...

23%

Renewable energy
(2017: 24%)
Energy from renewable sources accounted for 23% of our total energy consumption in 2018. In Denmark and Brazil, we purchase our electricity from renewable sources.

Sustainability highlights

Sales by industry

Three out of five of Novozymes’ industries grew in 2018. Bioenergy delivered strong growth, and Food & Beverages and Agriculture & Feed also delivered growth. Household Care was flat, and sales declined in Technical & Pharma. Novozymes holds an estimated 48% share of the global enzyme market.

You are in the shower. Probably for a little longer than you would like to admit. You are enjoying the hot water and just cannot seem to muster up the resolve to step out of the shower. Ever wonder what happens to the water after it disappears down the drain?

Every drop counts

88,000,000

tons of CO₂ emissions saved

In 2018, our customers saved an estimated 88 million tons of CO₂ emissions by applying Novozymes’ products. The savings achieved are equivalent to taking approximately 37 million cars off the road.

Sustainability highlights

Building sustainable growth during times of rapid change

Letter from the CEO

Peder Holk Nielsen
President & CEO

Jørgen Buhl Rasmussen
Chairman of the Board of Directors

We have an obligation

Letter from the Board of Directors

... for better lives
in a growing world...

Novozymes and the Sustainable Development Goals

Novozymes’ purpose and long-term targets are inspired by the SDGs. The sustainable nature of our solutions means that we contribute to achieving the SDGs every day.

Want to know more about sustainability?

Asia Pacific

Food & Beverages and Household Care were the main drivers of the 5% organic sales growth in 2018 compared with 2017.

Sales by geography

Novozymes' long-term targets

In 2018, we made progress on our six long-term sustainability targets. They are inspired by the UN’s 17 Sustainable Development Goals and guide us toward helping the world become more sustainable.

In agriculture, our enzymes increase crop yields, reduce use of chemicals and improve animal health, growth and feed utilization

Our enzymes improve e.g. softness and freshness in bread production

Our solutions save time, water and energy and reduce use of chemicals in textile production

Our enzymes remove tough stains and enable low-temperature washing, at the same time as protecting the fibers in clothes

Novozymes’ wastewater portfolio makes wastewater treatment more efficient and reduces use of chemicals

Our enzymes help create the lactose-free and other “free-from” foods, among other things, that are in increasing demand around the world

Novozymes’ solutions improve the filtration and flavor of beer as well as optimizing the brewing process

Our enzymes make the process of preparing, degreasing and tanning leather more efficient and sustainable

Our enzymes improve efficiency in paper mills and help reduce use of chemicals

Novozymes’ bioenergy solutions help fuel your car with biofuels from renewable sources, reducing CO₂ emissions compared with gasoline

Let's Rethink Tomorrow

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