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Last €19.22 EUR
Change Today -0.13 / -0.67%
Volume 203.1K
CRBN On Other Exchanges
Symbol
Exchange
CRBN is not on other exchanges.
As of 11:35 AM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

corbion nv (CRBN) Snapshot

Open
€19.30
Previous Close
€19.35
Day High
€19.39
Day Low
€19.04
52 Week High
08/19/15 - €20.77
52 Week Low
10/16/14 - €9.82
Market Cap
1.2B
Average Volume 10 Days
260.6K
EPS TTM
€0.25
Shares Outstanding
62.4M
EX-Date
05/26/15
P/E TM
78.1x
Dividend
€0.21
Dividend Yield
5.31%
Current Stock Chart for CORBION NV (CRBN)

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corbion nv (CRBN) Related Businessweek News

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corbion nv (CRBN) Details

Corbion N.V. develops, manufactures, and markets biobased products worldwide. It operates through Biobased Ingredients and Biobased Innovations business units. The company primarily provides lactic acid, lactic acid derivatives, and lactides; and functional blends containing enzymes, emulsifiers, minerals, and vitamins. It offers high performance biobased products made from renewable resources, such as sugar, starch, or other carbohydrates in various markets, including bakery, meat, pharmaceuticals and medical devices, home and personal care, packaging, automotive, coatings, and adhesives. The company markets its products through a network of sales offices and distributors. The company was formerly known as CSM N.V. and changed its name to Corbion N.V. in October 2013. Corbion N.V. was founded in 1919 and is headquartered in Amsterdam, the Netherlands.

1,752 Employees
Last Reported Date: 08/12/15
Founded in 1919

corbion nv (CRBN) Top Compensated Officers

Chief Executive Officer and Member of Managem...
Total Annual Compensation: €663.0K
Chief Financial Officer and Member of Managem...
Total Annual Compensation: €380.0K
Chief Technology Officer and Member of Manage...
Total Annual Compensation: €408.0K
Compensation as of Fiscal Year 2014.

corbion nv (CRBN) Key Developments

Corbion Announces Unaudited Consolidated Earnings Results for the Second Quarter and First Half of 2015; Provides Earnings Guidance for the Second Half of 2015 and Capex Guidance for the Full Year 2015

Corbion announced unaudited consolidated earnings results for the second quarter and first half of 2015. For the second quarter, the company reported EBITDA of EUR 40.1 million, growth of close to 50% for the quarter. This increase was driven by organic growth of 23.1% and a positive currency impact of 6.2 million. Net sales grew by 23.4% from EUR 188 million to EUR 232 million second quarter, influenced by stronger currencies, most notably the U.S. dollar. For the first half of 2015, the company reported EBITDA grew from EUR 52 million to EUR 77 million. CapEx was EUR 22 million. Net Sales were EUR 452.3 million compared to EUR 371.0 million a year ago. Capital expenditures in falf year 2015 amounted to EUR 27.3 million which includes the unexpected replacement investment as a result of the Grandview incident and the acquired lactic acid business from ADM. Cash flow from operating activities increased compared to year-end 2014 by EUR 8.3 million to EUR 35.3 million. Operating results was EUR 53.3 million compared to EUR 10.2 million a year ago. Result before tax was EUR 50.2 million compared to EUR 7.3 million a year ago. Results after taxes was EUR 34.6 million compared to EUR 1.2 million a year ago. Diluted earnings per share was EUR 0.54 compared to EUR 0.00 a year ago. Cash flow from operating activities was EUR 35.3 million compared to EUR 27.0 million a year ago. Net debt at half year-end 2015 was EUR 72.1 million. For the second half of 2015, the company expects a slightly lower EBITDA excluding one-off items, compared to first half of 2015. For the year, the company expects CapEx to a range of EUR 60 million to EUR 70 million.

Corbion and MedinCell Form Joint Venture to Supply Resorbable Polymers for Controlled Drug Release

Corbion and MedinCell are establishing a 50-50 joint venture for the supply of PEG (polyethyleneglycol) and PLA (polylactic acid) based co-polymers in the field of controlled release drug delivery.

Corbion N.V. to Report Q2, 2015 Results on Aug 12, 2015

Corbion N.V. announced that they will report Q2, 2015 results Pre-Market on Aug 12, 2015

 

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Industry Analysis

CRBN

Industry Average

Valuation CRBN Industry Range
Price/Earnings 94.7x
Price/Sales 1.4x
Price/Book 2.5x
Price/Cash Flow 79.3x
TEV/Sales 1.2x
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