Corbion : Input cost visibility low. 2021-2022 prospects not that dramatic after all
>Sales strong, but EBITDA below expectations in Q2 2021 - Corbion reported strong sales, but disappointing EBITDA for Q2 2021. All of Cobion’s divisions reported better-than-expected sales growth (on the back of strong volume growth), but lower-than-expected EBITDA profitability. Input cost increases and higher fixed costs, as a result of an increase in the number of employees, were the main culprits, according to management. Sales and EBITDA from Corbion’s PLA joint ...Corbion is an internationally operating company engaged in the development, production, sale and distribution of bakery supplies and food ingredients. Co. is engaged in the Bakery Supplies and Lactic Acid business. Co.'s operations are divided into two segments: Bakery operations and Lactic acid operations. Co.'s Bakery operations comprise the development, production and sale of bakery ingredients and products. Co.'s Lactic acid operations involve the production of lactic acid and lactic acid derivatives which are used in food, pharmaceutical and technical products. Co. operates mostly in Europe and North America. Co.'s brands are Waldkorn, Kate's cakes, Purac, Carel, MeisterMarken.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.