UPDATE 1-Novozymes beats Q1 forecasts, lifts 2015 outlook

April 23, 2015 6:49 AM

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COPENHAGEN, April 23 (Reuters) - Industrial enzymes maker Novozymes reported better-than-expected first-quarter earnings on Thursday and increased its forecasts for the full year on the back of a stronger U.S. dollar.

The Danish company said it now expects operating profit in 2015 to grow by 15-17 percent in Danish crowns, up from an earlier forecast of 12-14 percent. Sales are seen rising by 16-18 percent, above an earlier forecast of a 13-15 percent rise.

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