CPSE:BIOMARFood
BioMar Group (CPSE:BIOMAR) Stock Climbs As Record Volumes Meet Softer EPS
BioMar Group walked into this earnings week with a quietly rising share price, up about 9.7% over the past seven days and roughly 3.2% over the past month, which set expectations high. The headline from Q2 is simple: feed volumes reached record levels and earnings before interest and tax guidance lifted to DKK 1.2b to 1.3b for the year.
For an aquaculture feed specialist, that guidance shift and the record volumes are what really matter. Short term price excitement now has to be weighed...