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Corbion N.V. (CRBN.AS)

Amsterdam - Amsterdam Delayed Price. Currency in EUR
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45.50-1.20 (-2.57%)
At close: 5:36PM CEST
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Neutralpattern detected
Previous Close46.06
Bid0.00 x 0
Ask0.00 x 0
Day's Range45.54 - 46.96
52 Week Range31.25 - 53.90
Avg. Volume76,870
Market Cap2.679B
Beta (5Y Monthly)0.77
PE Ratio (TTM)36.99
EPS (TTM)1.23
Earnings DateAug 05, 2021 - Aug 09, 2021
Forward Dividend & Yield0.56 (1.17%)
Ex-Dividend DateMay 21, 2021
1y Target Est29.20
  • Corbion General Shareholders Meeting approves Board appointments and dividend

    Corbion General Shareholders Meeting approves Board appointments and dividend

    The Corbion General Shareholders Meeting held on 19 May 2021 approved the appointment of Dessi Temperley as member of the Supervisory Board and the reappointment of Mathieu Vrijssen as Chairman of the Supervisory Board. Eddy van Rhede van der Kloot was reappointed as CFO, his contract of assignment will be extended for an additional period of 4 years (May 2022 - May 2026). At the annual General Meeting of Shareholders, Mr. Jack de Kreij stepped down from the Supervisory Board after 10 years of distinguished service to the company as Supervisory Board member and Chairman of the Audit Committee. Mathieu Vrijsen, Chairman of the Supervisory Board: "The Supervisory Board has benefited immensely from his strategic thinking, deep financial experience and expertise. He has made a lasting impact on the successful development of Corbion. The Supervisory Board would like to sincerely thank Jack de Kreij for his contributions to Corbion during his 10 years of service and wishes him all the best in his future endeavors." At the shareholders meeting the proposed dividend of € 0.56 per ordinary share for the financial year 2020 was also approved. Dividends will be all-cash and will in principle be subject to Dutch dividend withholding tax of 15%. The ex-dividend date is 21 May 2021, the record date is 24 May 2021, and the payment day is 1 June 2021. Attachment AGM_19052021_ENG-final

  • Corbion Q1 2021 Interim Management Statement

    Corbion Q1 2021 Interim Management Statement

    Corbion reported organic net sales growth of 9.5%. Total net sales were € 251.5 million in the first quarter of 2021. Adjusted EBITDA increased organically by 14.0% to € 43.9 million due to improvements in all business segments. We increase our full year organic growth outlook. “I am very pleased with the strong start that we have made to 2021, continuing the positive momentum that we developed in the first year of our Advance 2025 strategy. We have seen continued strong demand in Sustainable Food Solutions, despite Q1 2020 having been positively impacted by the onset of the COVID-19 pandemic. Growth in Lactic Acid & Specialties was modest in Q1 2021, mostly due to phasing; we expect significantly stronger growth in the coming quarters. Growth in Incubator accelerated from last year due to better traction in the aquaculture sector, putting us on track for break-even for the omega-3 activities by 2022. The Total Corbion PLA joint venture continued on its rapid expansion path, again featuring double digit growth. We are making good progress on our strategic initiatives such as capacity expansions and organizational capability building. We expect the organic sales growth outlook for all three units to remain strong for the year. We now anticipate organic sales growth for our core activities in 2021 in the 7-10% range, above our multi-year guidance”, commented Olivier Rigaud, CEO. Key financial highlights first quarter of 2021 Net sales growth was -1.9%; organic growth was 9.5% (10.7% for core activities)Adjusted EBITDA was € 43.9 million, an organic increase of 14.0%Adjusted EBITDA margin was 17.5% (17.4% for core activities)Operating result was € 58.8 millionOne-off result after taxes impact of € 29.7 million due to sale of plot of land in the municipality of Breda (NL) and our frozen dough activities (US) Attachment 20210430 1Q21 Corbion PR final ENG

  • Corbion appoints Aurélie Dalbiez as Chief Human Resources Officer

    Corbion appoints Aurélie Dalbiez as Chief Human Resources Officer

    Corbion announces the appointment of Aurélie Dalbiez as Chief Human Resources Officer and member of the Executive Committee as of 1 July 2021. Mrs. Dalbiez (a French national) currently is Head of HR for the Capsules and Health Ingredients business at Lonza, based in Basel, Switzerland. Prior to that, she worked for 12 years in various HR roles at Novartis. She started her career at Deutsche Bank before working for Capital International, a global investment company. CEO Olivier Rigaud commented: "I am really pleased to welcome Aurélie to the ExCo team as a seasoned HR leader who partners closely with the business to develop talent, drive culture, engagement, continuous improvement, and customer intimacy. Her appointment will also further enhance the diversity of our ExCo." Mrs. Dalbiez brings a multi-cultural background and perspective. She lived in the United States as a child, earned her university degree in International Business in Lyon, France and worked internationally throughout her career, mainly in Switzerland with assignments in Spain, Germany and France. She is fluent in French and English and also speaks German and Spanish. She is married and has three children. With this appointment, the Executive Committee will consist of: Olivier Rigaud (CEO), Eddy van Rhede van der Kloot (CFO), Marco Bootz (President Lactic Acid & Specialties), Aurélie Dalbiez (Chief Human Resources Officer), Jacqueline van Lemmen (Chief Operations Officer), Andy Muller (President Sustainable Food Solutions), Ruud Peerbooms (President Algae Ingredients) and Marcel Wubbolts (Chief Science & Sustainability Officer). Attachment 210423_DalbiezNewCHRO_ENG