Brief: Borregaard Operating Revenues Were Up At NOK 1,949 Mln

BORREGAARD ASA

17/07/2024 06:09

July 17 (Reuters) - Borregaard ASA  BRGB.OL :
    * OPERATING REVENUES WERE NOK 1,949 MILLION (NOK 1,963
MILLION)2
IN 2ND QUARTER OF 2024.
    * IN 2024, TOTAL SALES VOLUME FOR BIOSOLUTIONS IS FORECAST
TO BE 
APPROXIMATELY 330,000 TONNES
    * FINE CHEMICALS HAD A SOLID RESULT IN QUARTER
    * IN BIOMATERIALS, RESULT WAS AFFECTED BY LOWER SALES
PRICES,
HIGHER WOOD COSTS AND AN INCREASE IN OTHER OPERATING EXPENSES
    * FOR BIOVANILLIN, MARKET WILL CONTINUE TO BE IMPACTED BY
HIGH
GLOBAL SUPPLY OF  SYNTHETIC VANILLIN PRODUCTS
    * IMPROVED PRODUCT MIX AND REDUCED ENERGY COSTS WERE MAIN
REASONS
FOR A STRONG RESULT IN BIOSOLUTIONS
    * SALES VOLUME FOR FINE CHEMICAL INTERMEDIATES IS EXPECTED
TO
INCREASE COMPARED WITH 2023

Source text for Eikon:  ID:nGNE4fl833 
Further company coverage:  BRGB.OL 

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