Brief: Corbion Q1 Adjusted EBITDA Down At 40.0 Million Euros

Corbion NV

29/04/2022 06:09

April 29 (Reuters) - Corbion NV  CORB.AS :
    * Q1 SALES ROSE 20.2 PERCENT TO 320.1 MILLION EUR
    * Q1 ADJUSTED EBITDA EUR 40.0 MILLION VERSUS EUR 43.9
MILLION YEAR
AGO
    * Q1 OPERATING RESULT WAS € 30.2 MILLION
    * OUTLOOK: DUE TO THE CONTINUED GLOBAL SUPPLY CHAIN
VOLATILITY, WE
LEAVE OUR GUIDANCE UNCHANGED AT THIS EARLY STAGE IN THE YEAR
    * OUTLOOK:  FOR OUR CORE BUSINESS, WE EXPECT AN ORGANIC
SALES
GROWTH RATE OF 15%-20% AND AN ADJUSTED EBITDA MARGIN IN THE
RANGE OF 12%-15% FOR THE FULL YEAR

Source text for Eikon:  ID:nGNEFsD1b 
Further company coverage:  CORB.AS 

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