Aker BioMarine ASA (DE:1PG) has released an update.
Aker BioMarine ASA has reported a robust third quarter, highlighted by the sale of its Feed Ingredients segment for $624 million, resulting in a net gain of $214.2 million and an extraordinary dividend payout. While the company’s revenue saw a 7% year-over-year decline, adjusted EBITDA rose by 10% due to growth in its Emerging Businesses segment, particularly through online sales on Amazon. The company is also focusing on core segments by initiating the divestment of Understory Protein.
For further insights into DE:1PG stock, check out TipRanks’ Stock Analysis page.
