Corbion N.V. : Subdued volumes, but accelerating price/mix contribution seen in Q3
>Lower volumes seen more than offset by price/mix in Q3 2022 - Corbion is set to report its Q3 2022 trading update (sales and EBITDA only) on 27 October, and the group is in the process of collecting consensus forecasts. As per 6 October, the group will enter its closed period. We anticipate Corbion to report marginally lower volumes, to be more than offset by price/mix – the latter seen to have accelerated compared with H1 2022. As in the H1 2022 update, we expect C...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.
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