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Cheminova agchem sales up 17% in Q3

Strong sales of insecticides and fungicides boosted Cheminova’s agrochemical sales by 16.6% to DKK 1,304 million ($244 million at the current rate) in the third quarter of 2010. Parent company Auriga Industries posted a 14% rise in total sales to DKK 1,382 million ($258 million). Earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 45.3% to DKK 292 million ($55 million), while EBIT more than doubled to DKK 153 million ($29 million).

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