Corbion NV (GB:0QHL) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
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.