The Novozymes Report 2019

Financial highlights

EBIT margin (2018: 28.3%)
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Organic sales growth (2018: 4%)
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Net profit growth (2018: 3%)
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ROIC (2018: 24.2%)
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Sustainability highlights

Lost time injuries/million working hours (2018: 2.4%)
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Women in senior management (2018: 30%)
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Renewable energy (2018: 23%)
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Million tons of CO2 emissions saved
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Novozymes and the Sustainable Development Goals

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Household Care

Sales by industry

Sales by industry

Household Care

Sales in Household Care grew 1% for the year. Sales reported in DKK grew 3% for the full-year.

Household Care outlook and performance

Food & Beverages

Organic sales in Food & Beverages declined 1% for the year. Sales reported in DKK grew 1% for the full-year.

Food & Beverages outlook and performance


In 2019, sales in Bioenergy declined 3% organically and was flat in reported DKK.

Bioenergy outlook and performance

Agriculture & Feed

In 2019, sales in Agricultural & Feed declined 5% organically and by 8% in reported DKK.

Agriculture & Feed outlook and performance

Technical & Pharma

Sales in Technical & Pharma declined 3% for the year. Sales reported in DKK declined 6% for the full-year.

Technical & Pharma outlook and performance
Sales by Industry
of sales
(2018: 32%)
of sales
(2018: 29%)
of sales
(2018: 19%)
of sales
(2018: 14%)
of sales
(2018: 6%)
Food & Beverages

Letter from the CEO

A year of change

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Peder Holk Nielsen President & CEO
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Letter from the BoD

Jørgen Buhl Rasmussen Chairman
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Better business with biology

It is impossible to ignore. Across the world, people are demanding solutions to the most important challenge facing mankind: How to ensure good standards of living for a growing population without depleting the world’s resources and accelerating climate change.

Our strategy Better business with biology was launched in 2019. Shaped by the promise of biology, we step into a future of better business – for our customers, for Novozymes and for the world.

Strategic focus areas

Our strategy has three focus areas which will help us yield more growth and value from our existing business - while at the same time enabling us to invest more in new opportunities that support sustainable development.

Differentiate to succeed

Adapt our approach to fit industry potential and concentrate on significant opportunities across markets and segments.

Invest in impact

Show up for our customers with strong commercial teams, capable of guiding innovation and services to deliver on customer goals.

Spearhead new business

Unfold high-potential impact areas in a dynamic, efficient process, building tomorrow’s business and responding to global needs.

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Measuring our impact


Save 60 million tons of CO2 by enabling low-carbon fuels in the transport sector in 2022

Production & Consumption

Gain 500,000 tons of food by improving efficiency from farm to table in 2022


Enable learning
Achieve a score of 80 on learning in our annual employee survey by 2022


Reach >4 billion people by providing laundry solutions in 2022 that replace chemicals


Organic sales growth 5+% per year

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Strategic focus areas

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