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Corbion (CRBN) investor relations material
Corbion CMD 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.CMD 2025 summary20 Nov, 2025
Strategic Achievements and Transformation
Achieved Advance 2025 goals, including margin expansion from 13% to 16%, 10 consecutive quarters of positive free cash flow, and a 9% sales CAGR with 8% EBITDA CAGR from 2020-2025.
Transitioned to a high-growth specialty food-ingredients focus, divested low-growth businesses, and invested in a new lactic acid plant in Thailand.
Turned Algae Omega-3 from loss-making to profitable and scaled the business from EUR 13 million to EUR 160 million.
Continued investment in innovation, with €90m allocated and over 2,400 patents/applications, supporting over 700 customer projects.
Strategic review of the PLA portfolio and defocus on non-food lactic acid derivatives to prioritize core food and nutrition segments.
Bright 2030 Strategy and Focus Areas
BRIGHT 2030 aims to position the company as a leader in natural preservation, nutrition, and biomedical polymers, with a focus on clean-label and sustainable solutions.
Strategic focus on natural preservation, nutrition, and biomedical polymers, with defocus on non-food lactic acid and a strategic review of the PLA portfolio.
Targeting 3%-6% annual organic sales growth, 18% adjusted EBITDA margin by 2028, and EUR 270 million cumulative free cash flow (2026-2028).
Capex of €255 million planned for 2026-2028, with a mid-term leverage target of 1.5x-2.5x net debt to EBITDA.
Four capital allocation priorities: support organic growth, maintain progressive dividends, pursue bolt-on M&A, and use excess cash for share buybacks or special dividends.
Market Trends and Growth Opportunities
Strong consumer demand for clean label, natural ingredients, and minimally processed foods is accelerating, driven by health trends, regulatory pressure, and aging populations.
Addressable markets: $3.5 billion in food preservation, $7 billion in shelf life extension, and $7 billion in Omega-3 and sustainable lipids, all with robust growth rates.
Expansion into new geographies (Asia-Pacific, Latin America) and adjacencies (culinary, seafood, pet food) through acquisitions and innovation.
Biomedical Polymers and Nutrition (omega-3 oils) are targeted for double-digit growth, leveraging fermentation technology and strategic partnerships.
Sustainability embedded in portfolio: 98% renewable raw materials, 99% deforestation-free sourcing, and net-zero emissions target by 2050.
Rationale for PLA portfolio ownership review
Algal fermentation expansion into new markets
Impact of de-focusing Biochemicals on margins
PLA exit & non-food lactic acid defocus: core business impact
What ensures sustained omega-3 profitability beyond 2028?
Biomedical Polymers: What pipeline visibility supports 15% CAGR?
Partial view of Summaries dataset, powered by Quartr API
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Next Corbion earnings date
H2 202526 Feb, 2026
Corbion
Next Corbion earnings date
H2 202526 Feb, 2026
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Frequently asked questions
Corbion N.V., originally established as Centrale Suiker Maatschappij (CSM) N.V. in 1919, is a Dutch company specializing in the production of food ingredients and biochemicals. Corbion has evolved from its initial focus on sugar production to become a leader in bioingredient-based foods, chemicals derived from organic acids, and lactic acid-based solutions catering to the food, chemical, and pharmaceutical industries. The company's product portfolio includes lactic acid and its derivatives, emulsifiers, functional enzyme blends, minerals, vitamins, and algae ingredients. The company is headquartered in Amsterdam, Netherlands, and its shares are listed on Euronext Amsterdam.
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