Brief: Corbion 9-Month Net Sales Of EUR 1,080.4 Million

Corbion NV

27/10/2022 06:27

Oct 27 (Reuters) - Corbion NV  CORB.AS :
    * CORBION REPORTED NET SALES OF EUR 1,080.4 MILLION IN FIRST
NINE
MONTHS OF 2022, DRIVEN BY NET SALES GROWTH OF 35.5%
    * ADJUSTED EBITDA IN FIRST NINE MONTHS OF 2022INCREASED BY
25.8%
TO EUR 142.8 MILLION.
    * WE ARE LEAVING OUR FULL-YEAR GUIDANCE FOR 2022 UNCHANGED."
    * ADJUSTED EBITDA MARGIN YTD WAS 13.2% (12.7% FOR CORE
ACTIVITIES)
    * OPERATING RESULT YTD WAS € 91.7 MILLION, AN ORGANIC
DECREASE OF
-22.1%, MOSTLY DUE TO  ONE-OFF PROCEEDS FROM ASSET SALES

Source text for Eikon:  ID:nGNE22GZ4 
Further company coverage:  CORB.AS 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))