tiprankstipranks
Aker BioMarine Sharpens Focus on Human Nutrition
Company Announcements

Aker BioMarine Sharpens Focus on Human Nutrition

Aker BioMarine ASA (DE:1PG) has released an update.

Don't Miss our Black Friday Offers:

Aker BioMarine ASA is set to sharpen its focus on human nutrition and the Omega-3 market following the sale of its Feed Ingredients business for USD 590 million. The company reported a 6% increase in total revenue to USD 94.0 million and a 35% rise in Adjusted EBITDA to USD 29.0 million year-over-year for Q2 2024, including discontinued operations. Despite this, continued operations alone saw a slight revenue increase of 4% but a 21% decrease in Adjusted EBITDA.

For further insights into DE:1PG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskAker BioMarine Boosts EBITDA with Strategic Divestments
TipRanks European Auto-Generated NewsdeskAker BioMarine to Announce Q3 2024 Results
Austin Angelo1PG Upcoming Earnings Report: What to Expect?
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App