Corbion

FY guidance revised; AlgaPrime sales slower than anticipated

  • Sectors : Foods
  • Companies : Corbion

Ratings and price correct at time of issue.

  • Corbion

    Closing Price: 2866c

  • RATING 29/04/11

  • PREVIOUS RATING 01/09/10

    OUTPERFORM

Person's Name

Katy Hutchinson CFA

Analyst

DAVY VIEW

While Q2 was in line with expectations, Corbion has revised its full-year guidance – reflecting lower Biochemicals growth and a slower-than-anticipated ramp-up in AlgaPrime sales. The incoming CEO is inheriting a well-defined strategy in Innovation Platforms

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Aug 7 2019, 12:05 IST/BST

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