Corbion NV (GB:0QHL) has released an update.
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Corbion NV reports a strong third quarter with a significant rise in sales and profits, driven by robust growth in its Health & Nutrition and Functional Ingredients segments. The company has upgraded its full-year guidance, expecting higher volume/mix growth and adjusted EBITDA, supported by successful restructuring efforts and positive cash flow. The new lactic acid plant in Thailand is also contributing to their performance, marking a successful ramp-up phase.
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