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MarketScreener Homepage  >  Equities  >  NASDAQ OMX COPENHAGEN  >  Christian Hansen Holding    CHR   DK0060227585

CHRISTIAN HANSEN HOLDING (CHR)
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Delayed Quote. Delayed  - 09/21 04:59:42 pm
640.6 DKK   -0.25%
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Christian Hansen : Chr. Hansen selects Consumer Physics to introduce cutting edge real-time feed analysis

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03/14/2018 | 07:47pm CEST

Pocket size, NIR spectrometer transforms feed analysis by enabling real-time, on-farm forage analysis - Chr. Hansen equips their nutritionists and distributors first, followed by all customers.

Chr. Hansen joins forces with Consumer Physics to use and distribute SCiO(TM) - a revolutionary feed analysis solution based on the smallest available pocket size NIR spectrometer. The solution will be rolled out first in the U.S. - with the intention to roll out globally over time - to Chr. Hansen's key account managers and distributors first and then to Chr. Hansen's customers.

SCiO offers instant feed and forage analysis with a click of a button, enabling nutritionists and consultants to troubleshoot variations and adjust rations during farm visits. It allows real time testing and it is more accurate and simpler to use than the cumbersome on-farm alternatives.

Tailored first rate customer service

"Our partnership with Consumer Physics enables us to equip our key account managers and consultants with the latest technology available for animal feed analysis. With SCiO, we can now instantly fine-tune formulation, and proactively detect inconsistencies, in a matter of seconds. It is an important technology addition to our toolkit, in our continuous pursuit for service excellence, which we also plan to roll out to all our customer base," says Steve Lerner, VP, North America Sales and Marketing at Chr. Hansen Animal Health and Nutrition.

"We are thrilled to partner with Chr. Hansen," says Damian Goldring, VP of Product and Co-Founder at Consumer Physics. "It creates perfect synergy between our breakthrough technology and Chr. Hansen's focus on quality and innovation. Cooperating with one of the world's leading bioscience companies further expands our mission to revolutionize feed analysis and bring decision making out of the lab and into the field."

Empowering farmers

SCiO(TM) is an innovative response to the dairy industry's need to constantly strive for a more productive and efficient operation. It allows farmers to:

* Track Dry Matter on a daily basis and optimize TMR rations

* Control dry matter during the harvest season of corn, alfalfa and other forages

* Enable the farm nutritionist and feed consultants to monitor trends remotely to avoid unexpected milk yield drop due to feed inconsistencies

About Consumer Physics

Consumer Physics' mission is to empower people and organizations with a better understanding of our physical world using SCiO - the world's only pocket size micro spectrometer. SCiO enables real-time decision making by transferring material analysis out of the lab and into the field, receiving dock, or production line. SCiO's lab-grade analysis, affordable price, and ultra-portability enables anyone to track, monitor, and optimize efficiency at every stage, exactly where needed. Consumer Physics was founded in 2011 and it is backed by Khosla Ventures, OurCrowd, and other world class investors.

For more information, visit http://www.consumerphysics.com/business.

Chr. Hansen is a leading, global bioscience company that develops natural ingredient solutions for the food, nutritional, pharmaceutical and agricultural industries. We develop and produce cultures, enzymes, probiotics and natural colors for a rich variety of foods, confectionery, beverages, dietary supplements and even animal feed and plant protection. Our product innovation is based on more than 30,000 microbial strains - we like to refer to them as 'good bacteria'. Our solutions enable food manufacturers to produce more with less - while also reducing the use of chemicals and other synthetic additives - which make our products highly relevant in today's world. We have been delivering value to our partners - and, ultimately, end consumers worldwide - for over 140 years. We are proud that more than one billion people consume products containing our natural ingredients every day. Revenue in the 2016/17 financial year was EUR 1,063 million. Chr. Hansen was founded in 1874 and is listed on Nasdaq Copenhagen.

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(C) 2018 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (€)
Sales 2018 1 100 M
EBIT 2018 318 M
Net income 2018 232 M
Debt 2018 626 M
Yield 2018 1,47%
P/E ratio 2018 49,00
P/E ratio 2019 42,83
EV / Sales 2018 10,9x
EV / Sales 2019 9,98x
Capitalization 11 352 M
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Mean consensus HOLD
Number of Analysts 13
Average target price 77,9 €
Spread / Average Target -9,5%
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Managers
NameTitle
Mauricio Graber Chief Executive Officer
Ole Gjessø Andersen Chairman
Søren Westh Lonning Chief Financial Officer & Executive Vice President
Thomas Schäfer Chief Scientific Officer & Executive VP
Frédéric P. Stévenin Independent Director
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