Corbion (AMS:CRBN) First Half 2024 Results
Key Financial Results
- Revenue: €637.1m (flat on 1H 2023).
- Net income: €22.7m (up 47% from 1H 2023).
- Profit margin: 3.6% (up from 2.4% in 1H 2023).
- EPS: €0.39 (up from €0.26 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Corbion Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.7% growth forecast for the Chemicals industry in Europe.
Performance of the market in the Netherlands.
The company's shares are up 5.9% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Corbion you should be aware of.
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About ENXTAM:CRBN
Corbion
Provides lactic acid and lactic acid derivatives, other ferment, functional enzyme blends, minerals, vitamins, and algae ingredients worldwide.
Solid track record with adequate balance sheet and pays a dividend.