In This Article:
Corbion (AMS:CRBN) Full Year 2024 Results
Key Financial Results
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Revenue: €1.29b (down 11% from FY 2023).
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Net income: €45.9m (down 37% from FY 2023).
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Profit margin: 3.6% (down from 5.0% in FY 2023). The decrease in margin was driven by lower revenue.
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EPS: €0.79 (down from €1.23 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Corbion Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates significantly.
Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Europe.
Performance of the market in the Netherlands.
The company's shares are down 7.9% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Corbion that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.