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Corbion NV (CORB.AS)

CORB.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Corbion provides financial guidance for 2018-2021 period
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - CORBION NV ::FOR 2018-2021 AIMS TO PAY OUT ANNUALLY A STABLE TO GRADUALLY INCREASING ABSOLUTE DIVIDEND AMOUNT PER SHARE‍​.INNOVATION PLATFORMS EBITDA MAXIMUM LOSS IS NOT EXPECTED TO EXCEED € -35 MILLION PER ANNUM FOR THE YEARS 2018 AND 2019 ‍​.2018-2021 GUIDANCE: INGREDIENT SOLUTIONS: NET SALES GROWTH OF 2-4% PER ANNUM‍​.2018-2021 GUIDANCE IN INGREDIENT SOLUTIONS: MAINTAINING EBITDA MARGIN >19% AND ROCE >20% PER ANNUM DURING PERIOD.2018-2021 GUIDANCE IN INNOVATION PLATFORMS: NET SALES GROWTH (INCL. PROPORTIONATELY CONSOLIDATED JVS) 10-30% PER ANNUM.2018-2021 GUIDANCE IN INNOVATION PLATFORMS: EBITDA (INCLUDING PROPORTIONATELY CONSOLIDATED JVS) APPROACHING BREAK-EVEN IN 2021.2018-2021 GUIDANCE IN INNOVATION PLATFORMS: EBITDA MAX. LOSS NOT EXPECTED TO EXCEED €-35 MILLION PER ANNUM FOR YRS 2018 AND 2019.2018-2021 GUIDANCE IN INNOVATION PLATFORMS: RECURRING CAPEX (INCLUDING PROPORTIONATE SHARE IN JV CAPEX) OF €20-30 MILLION PER ANNUM.  Full Article

Corbion 9M sales down 0.7% at 680.5 million euros
Friday, 27 Oct 2017 

Oct 27 (Reuters) - CORBION NV : :SALES OF EUR 680.5 MILLION IN FIRST 9 MNTHS OF 2017, DECREASE OF 0.7% COMPARED TO SAME PERIOD IN 2016​.‍ORGANIC SALES GROWTH IN Q3 WAS FLAT​.9MONTH OPERATING RESULT EUR ‍​102.5 MILLION VERSUS EUR 93.1 MILLION YEAR AGO.OUTLOOK FOR 2017 IS UNCHANGED.‍EBITDA EXCLUDING ONE-OFF ITEMS IN FIRST 9 MTHS DECREASED BY 3.6% TO EUR 129.9 MILLION​.  Full Article

Corbion approved as highest bidder in sale of microalgae specialist Terravia
Saturday, 16 Sep 2017 

Sept 15 (Reuters) - Corbion NV -:Reg-Corbion approved as highest bidder in sale of innovative microalgae specialist Terravia.US bankruptcy court for district of Delaware approved Corbion as successful bidder and authorized Terravia to consummate sale to co.Corbion's offer in auction was composed of approximately US$ 20 mln in cash.  Full Article

Corbion organic growth of operating result of 21.2 pct at 63.4 million euros
Wednesday, 10 Aug 2016 

Corbion NV : H1 operating result YTD was 63.4 million euros ($70.70 million), an organic increase of 21.2 pct . H1 EBITDA before one-off items YTD was 89.8 million euros, an organic increase of 17.8 pct . H1 EBITDA margin before one-off items YTD was 19.7 pct . H1 net sales organic growth YTD was 1.5 pct; volume growth was -0.2 pct . For biobased ingredients sees net sales growth (CAGR) of 2-4 pct (1-3 pct in food, 5-8 pct in biochemicals), EBITDA margin > 18 pct in 2018 . For biobased ingredients recurring capex is expected to be on average 35 million euros per annum (2015-2018) . For biobased ingredients expect full year growth to be below the multi-year average guidance range of 2-4 pct . For biobased ingredients expect H2 EBITDA to be lower than H1 EBITDA, in line with previous years . Full year growth for food business segment is expected to end up below the multi-year (2015-2018 CAGR) guidance range of 1-3 pct .Biochemicals business segment is expected to show improved sales growth in H2 compared to H1.  Full Article

Corbion appoints Marcel Wubbolts as Chief Technology Officer
Friday, 5 Aug 2016 

Corbion Nv : Appoints Marcel Wubbolts as Chief Technology Officer .Marcel Wubbolts will join as Chief Technology Officer, effective 1 November 2016.  Full Article

Corbion's PURAC Powder receives approval for use in confectionery in Canada
Tuesday, 12 Jul 2016 

Corbion NV :Corbion's PURAC Powder receives approval for use in confectionery in Canada.  Full Article

Corbion proposes FY 2015 dividend of 0.43 euros/share, commences share buyback program
Wednesday, 2 Mar 2016 

Corbion NV:Proposed regular all-cash FY 2015 dividend of 0.43 euro per share (2014: 0.21 euro per share).Plans to distribute 50 million euros to shareholders in 2016 through a share buyback program to be commenced in March 2016.  Full Article

Corbion signs $125 million U.S. private placement notes
Wednesday, 30 Dec 2015 

Corbion NV:Has signed a U.S. Private Placement (USPP) Notes program with 4 institutional investors​.‍Issuance of $125 million under this program consists of one tranche with a maturity of 10 years and a fixed interest rate of 4.17 pct.  Full Article

BRIEF-Corbion approved as highest bidder in sale of microalgae specialist Terravia

* Reg-Corbion approved as highest bidder in sale of innovative microalgae specialist Terravia