Corbion NV: Mixed Results but Strong Outlook

Corbion NV (GB:0QHL) has released an update.

Corbion NV reported mixed results for the first half of 2024, with a slight decline in organic sales growth but a significant increase in Adjusted EBITDA and operating profit, reflecting the strength of its business model. The company completed the divestment of its non-core US Emulsifier business and confirmed its positive outlook for the full year. Key sectors such as Health & Nutrition demonstrated robust double-digit growth, while the new circular lactic acid plant in Thailand began production, marking a milestone in Corbion’s sustainability journey.

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