Corbion NV (GB:0QHL) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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.
For further insights into GB:0QHL stock, check out TipRanks’ Stock Analysis page.