Corbion Q2 and first half 2014 results
Corbion reported Q2 2014 sales of €188.3 million, -0.9% compared to Q2 2013. Organic sales growth was 1.1%, mostly driven by the Biochemicals market segment with organic growth of 13.3%. The Biobased Food Ingredients market segment declined organically by 2.2%. EBITDA in Q2 2014 decreased by 2.9% to €26.4 million. Organic EBITDA growth in Q2 2014 amounted to 3.4%. The newly appointed management board will present a strategic update in November.
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