DSM’s Q1 results missed expectations but F&B boosted by dairy, baking, beverages and hydrocolloids

02 May 2023 — Ahead of the imminent completion of DSMs merger with Firmenich, the Dutch business has disclosed a difficult first quarter where the company’s sales and margins have declined. The company reports 6% lower sales than in Q1 2021 – sales of €1.89 billion (US$2.07 billion).